According to GAAP,the Amount of Bad Debt Expense Can Be

question 87

Multiple Choice

According to GAAP,the amount of bad debt expense can be estimated by:

• A)Only the percent of sales method.
• B)Only the percent of accounts receivable method.
• C)Only by the aging of accounts receivable method.
• D)Only by the percent of sales method or the percent of accounts receivable method.
• E)Bad debt expense can be estimated by the percent of sales method,the percent of accounts receivable method,or by the aging of accounts receivable method.

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