Which of the following do not affect the amounts collected on accounts receivables?
A)Credit policy
B)Returns policy
C)Discounts policy
D)The allowance for doubtful accounts

Question

Quizplus · Accepted Answer

The allowance for doubtful accounts is a contra asset account that serves to reduce the overall accounts receivable balance and is not something that directly affects the amounts collected on accounts receivables. Choices A, B, and C all have a direct impact on amounts collected on accounts receivables.

Which of the Following Do Not Affect the Amounts Collected