The percent of sales method of estimating bad debts is focused more on realizable value of accounts receivable than matching.

Name: The percent of sales method of estimating bad debts is focused more on realizable value of accounts receivable than matching.
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Question

Quizplus · Accepted Answer

The percent of sales method focuses on matching bad debt expense to the period in which the related sales occur, rather than on the realizable value of accounts receivable.

The Percent of Sales Method of Estimating Bad Debts Is