How would accountants estimate the amount of a company's uncollectible accounts expense?
A)Consider new circumstances that are anticipated to be experienced in the future.
B)Compute as a percentage of credit sales.
C)Consult with trade association and business associates.
D)All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Accountants use a variety of methods to estimate uncollectible accounts expense.There is no requirement that they use a particular approach.

How Would Accountants Estimate the Amount of a Company's Uncollectible