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The allowance method based on the idea that a given percent of a company's credit sales for the period is uncollectible is: The percent of
The allowance method based on the idea that a given percent of a company's credit sales for the period is uncollectible is:
The percent of sales method.
The percent of accounts receivable method.
The aging of accounts receivable method.
Direct write-off method.
Factoring method.
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