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Net Accounts Receivable: Percentage of Sales Method
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Net Accounts Receivable: Percentage of Sales Method
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7. Receivables and Investments / Net Accounts Receivable: Percentage of Sales Method / Problem 2
Problem 2
Which accounting approach is used in the percentage of sales method to calculate bad debt expense?
A
Equity approach
B
Balance sheet approach
C
Cash flow approach
D
Income statement approach
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