Which of the following methods of recording uncollectible accounts expense would be described best as an income statement method?

Question

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The percentage of net sales method estimates the amount of uncollectible accounts based on a percentage of total net sales for the period. This method is considered an income statement method because it matches the estimated expense of uncollectible accounts with the revenues earned during the same period. Both the direct charge-off method and accounts receivable aging method are considered balance sheet methods as they focus on the valuation of accounts receivable at a specific point in time.

Which of the Following Methods of Recording Uncollectible Accounts Expense