The method of accounting for uncollectible accounts that results in a better matching of expenses with revenues is the
A) aging accounts receivable method.
B) direct write-off method.
C) percentage of receivables method.
D) percentage of sales method.

Question

Quizplus · Accepted Answer

The percentage of sales method matches expenses with revenues by estimating uncollectible accounts based on a percentage of sales, aligning bad debt expense with the period in which the related sales occurred.

The Method of Accounting for Uncollectible Accounts That Results in a Better