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The percentminusofminussales method of computing uncollectible accounts for Accounts Receivable is used by some companies because: Question content area bottom Part 1 A . it
The percentminusofminussales method of computing uncollectible accounts for Accounts Receivable is used by some companies because:
Question content area bottom
Part
A
it is easier and quicker to apply.
B
it ensures that Accounts Receivable are reported at net realizable value.
C
it is more accurate than the aging method.
D
it fine tunes their allowance for uncollectibles.
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