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A method of estimating bad debts expense that involves a detailed examination of outstanding accounts and their length of time past due is the:

a) Direct prepare-off method

b) Aging of accounts receivable method

c) Percentage of sales method

d) Aging of investments method

e) Percent of accounts receivable method

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M946780

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