The income statement method for estimating bad debts uses a percentage of:
A) Credit sales.
B) Accounts receivable.
C) Allowance for uncollectible accounts.
D) Bad debt expense.
Answer: Credit sales.
Accounting MCQ
Accounting
The income statement method for estimating bad debts uses a percentage of:
Subscribe to:
Post Comments (Atom)
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.