Which of the Following Is Not a Method of Estimating

question 37

Multiple Choice

Which of the following is not a method of estimating the amount of bad debt expense at the end of the accounting period?

• A)percent-of-receivables method
• B)percent-of-sales method
• C)direct write-off method
• D)aging-of-receivables method

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Definitions:

Reciprocity

A mutual exchange of actions, goods, or services, often reflecting a balance in giving and receiving between individuals or groups.

Homicide

The act of killing another person, whether lawfully or unlawfully.

Suicide

The intentional termination of one's own existence.

Cataracts

A medical condition in which the lens of the eye becomes progressively opaque, resulting in blurred vision.