ACCOUNTING HW

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Michelle Carroll is a coworker of yours and she overheard a conversation at work about changes that her boss wants to make in accounting for uncollectible accounts receivable. She does not know a lot about accounting and wants to understand about what she overheard.

In an email, she asks you to explain the following:

  • The three different methods that can be used to account for uncollectible accounts receivable, specifically:
    • percentage of receivables
    • percentage of sales
    • the direct write-off methods

Reply to her email about these differences.

    • 11 years ago
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    perfecto
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