Question
The method of accounting for bad debts that does not require estimating the amount of bad debts is Select one: a. cancellation or direct deletion
The method of accounting for bad debts that does not require estimating the amount of bad debts is Select one:
a. cancellation or direct deletion (Direct write-off method).
b.provision (Allowance method).
c. Percentage of receivables (Percentage of receivables method).
d. percentage of sales (Percentage of sales method).
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
9th Edition
0030259622, 978-0030259623
