Under the allowance method,companies are not allowed to use different methods to estimate Uncollectible-Account Expense.

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Companies are allowed to use different methods to estimate uncollectible-account expense, as long as the method used is reasonable and adequately discloses the approach used. The two most common methods are the percentage-of-sales method and the percentage-of-receivables method.

Under the Allowance Method,companies Are Not Allowed to Use Different