Match each description to the appropriate term (a-d). Each term may be used more than once. This method is based on the theory that older accounts are less likely to be collected With this method, there is no allowance account This method records bad debts when specific accounts are deemed uncollectible 2. Aging of receivables method Offers two methods of estimating uncollectible accounts 3. Percent of sales method 4. Allowance method > When using this method, estimated bad debts are added to the existing allowance balance > This method focuses on the balance sheet This method is most often used by small companies with few receivables