TamzR
Apr 1, 2008, 03:48 PM
Which of the following methods for calculating the Allowance for Uncollectible Accounts merely requires a periodic update to the allowance account based on current period revenue?
a) The receivable monitoring method
b) The percentage of accounts receivable method
c) The aging of accounts receivable method
d) The percentage of sales method
a) The receivable monitoring method
b) The percentage of accounts receivable method
c) The aging of accounts receivable method
d) The percentage of sales method