Crain Corporation has always assumed that an account receivable is good until the account is proven to be uncollectible. When an account proves to be uncollectible, the credit manager notifies the accounting clerk to write off the account. The accounting clerk then debits Uncollectible Accounts Expense and credits Accounts Receivable. Recently, the company’s new accountant, Desmonique Mitchner, suggested that the method be changed for recording uncollectible accounts expense. Ms. Mitchner recommended that the company estimate uncollectible accounts expense based on a percentage of total sales on account. She stated that the change would provide more accurate information on the income statement and balance sheet. Do you agree with Ms. Mitchner that her recommended method would provide more accurate information? Explain.