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The advantage of estimating a company's bad debt expense based on its outstanding accounts receivable is that this approach makes estimates of uncollectible accounts unnecessary.
The advantage of estimating a company's bad debt expense based on its outstanding accounts receivable is that this approach makes estimates of uncollectible accounts unnecessary. gives a reasonably correct statement of receivables in the balance sheet. is the only generally accepted method for valuing accounts receivable. best relates bad debt expense to the period of sale.
The advantage of estimating a company's bad debt expense based on its outstanding accounts receivable is that this approach
makes estimates of uncollectible accounts unnecessary.
gives a reasonably correct statement of receivables in the balance sheet.
is the only generally accepted method for valuing accounts receivable.
best relates bad debt expense to the period of sale.
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