The percent of revenue method of determining uncollectible accounts expense is called the balance sheet approach.

Name: The percent of revenue method of determining uncollectible accounts expense is called the balance sheet approach.
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The percent of revenue method of determining uncollectible accounts expense is called the income statement approach, not the balance sheet approach. The balance sheet approach refers to estimating bad debts as a percentage of accounts receivable.

The Percent of Revenue Method of Determining Uncollectible Accounts Expense