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The percentage - of - sales approach for estimating uncollectible receivables is typically used: a . to determine any interest to be charged on uncollected
The percentageofsales approach for estimating uncollectible receivables is typically used:
a to determine any interest to be charged on uncollected accounts receivable
b because of its ease of use
c to age the accounts receivable balances for each customer account
d for external reporting at the year end when assessing accounts receivable quality
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