Question: What are the two methods under the allowance method to estimate uncollectible accounts? Which method would you use and why?

What are the two methods under the allowance method to estimate uncollectible accounts? Which method would you use and why?

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The allowance method is a technique for estimating and recording of uncollectible amounts when a customer fails to pay and is the preferred alternative to the direct writeoff method Accounts receivabl... View full answer

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