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The method of estimating bad debts uses both past and current receivables information to estimate the allowance amount. Specifically, each receivable is classified by how
The method of estimating bad debts uses both past and current receivables information to estimate the allowance amount. Specifically, each receivable is classified by how long it is past its due date. O aging of receivables. O percentage of sales O percentage of receivables
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
