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method of estimating bad debts expense that involves classifying receivables by how long they are past due is • Direct write - off method. • Aging of accounts receivable method. • Percent of sales method. Aging of investments method. • Percent of accounts payable method.

method of estimating bad debts expense that involves classifying receivables by how long they are past due is • Direct write - off method. • Aging of accounts receivable method. • Percent of sales method. Aging of investments method. • Percent of accounts payable method.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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method of estimating bad debts expense that involves classifying receivables by how long they are past due is • Direct write - off method. • Aging of accounts receivable method. • Percent of sales method. Aging of investments method. • Percent of accounts payable method.
Transcribed Image Text:method of estimating bad debts expense that involves classifying receivables by how long they are past due is • Direct write - off method. • Aging of accounts receivable method. • Percent of sales method. Aging of investments method. • Percent of accounts payable method.
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