Match each description to the appropriate term (a-d). Each term may be used more than once.
-This method estimates the uncollectible accounts receivable at the end of the accounting period.
A)Direct write-off method
B)Aging of receivables method
C)Percent of sales method
D)Allowance method

Question

Quizplus · Accepted Answer

The allowance method estimates the uncollectible accounts receivable at the end of the accounting period by creating an allowance for doubtful accounts.

Match Each Description to the Appropriate Term (A-D)