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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 percentage-of-sales 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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