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Find percentage-of-sale approach for estimating uncolletible

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Reference no: EM132727019

Problem 1: The percentage-of-sales approach for estimating uncollectible receivables is typically used:

Group of answer choices

a) to determine any interest to be charged on uncollected accounts receivable

b) for external reporting at the year end when assessing accounts receivable quality

c) because of its ease of use

d) to age the accounts receivable balances for each customer account

 

Reference no: EM132727019

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