The company you work for typically records the current month's overdue debit for the same amount as the actual receivables write-offs from the previous month. Using your general knowledge of accounting, explain why this process is not the best method. Then, assuming you will use regression analysis, explain the process and describe the data / information that you would request / include to perform the analysis.

Answer rating: 100% (QA)

Most businesses sell to their customers on credit That is they deliver the goods and services immediately send an invoice then get paid a few weeks la... View the full answer