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Which of the Following Is a Generally Accepted Method of Determining

Question 20

Multiple Choice

Which of the following is a generally accepted method of determining the amount of the adjustment to bad debt expense?


A) A percentage of sales adjusted for the balance in the allowance
B) A percentage of sales not adjusted for the balance in the allowance
C) A percentage of accounts receivable not adjusted for the balance in the allowance
D) An amount derived from aging accounts receivable and not adjusted for the balance in the allowance

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