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 uncollectible accounts that will likely occur over time in connection with sales of each period and (2) makes an entry debiting Bad Debt expense and crediting Allowance for Uncollectible Accounts.The name of this procedure is/are the

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