In Estimating the Amount of Uncollectible Accounts the Accountant (1)

Multiple Choice

In estimating the amount of uncollectible accounts the accountant (1) estimates the amount of outstanding accounts receivable that the firm does not expect to collect and (2) adjusts the balance in the Allowance for Uncollectible Accounts so that, after the entry to recognize estimated uncollectibles, the balance in the account will equal the amount that the firm does not expect to collect.The name of this procedure is/are:

A) the percentage-of-sales.
B) aging-of-accounts-receivable.
C) direct write-off.
D) tax accounting.
E) indirect write-off.