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The percentage-of-receivables method for accounting for uncollectible accounts focuses on the: a. Total credit sales for the year. b. Ratio of accounts receivable to sales.
The percentage-of-receivables method for accounting for uncollectible accounts focuses on the:
a. Total credit sales for the year.
b. Ratio of accounts receivable to sales.
c. Net realizable value of accounts receivable.
d. Cash flows from sales.
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