Which of the Following Method Is Not Acceptable Under Both

question 26

Multiple Choice

Which of the following method is not acceptable under both IFRS and ASPE?

• A)Percentage of sales method
• B)Direct write-off method
• C)Aging of accounts receivable
• D)None of the above

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.