The method being used to estimate doubtful debts that relies on a schedule of customers' balances classified according to the number of days past due, is known as the a Direct write off method b Percentage of net sales method c Ageing accounts receivable method d Income statement method e Net realisable value method

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Question: The method being used to estimate doubtful debts that relies on a schedule of customers' balances classified according to the number of days past due,

The method being used to estimate doubtful debts that relies on a schedule of customers' balances classified according to the number of days past due, is known as the:

Direct write-off method

Percentage of net sales method

Ageing accounts receivable method

Income statement method

Net realisable value method

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