The Balance in Allowance for Uncollectible Accounts Must Be Considered

Multiple Choice

The balance in Allowance for Uncollectible Accounts must be considered prior to end-of-period adjustment when using which of the following methods?

A) Both percentage of net sales method and accounts receivable aging method
B) Both direct charge-off method and percentage of net sales method
C) Percentage of net sales method
D) Accounts receivable aging method