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Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calculating the allowance for doubtful accounts? Do the generally accepted accounting principles allow for using both methods at the same time? Why?
Weegy: Small Business > Running a Business > Sales Percentage of Receivables Vs. Percentage of Sales by Kenneth V. [ Oster, Demand Media Google Accountants use accounting procedures to reconcile noncollectable accounts. Accountants use accounting procedures to reconcile noncollectable accounts. Related Articles Gross Sales vs. Percentage of Payroll The Recommended Percentage of Sales for a Marketing Budget Sales ... (More)
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Asked 263 days ago|7/31/2013 5:34:14 PM
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