2Which of the following is not a method of writing off uncol

2.Which of the following is not a method of writing off uncollectable accounts receivable?

First In First Out (FIFO)

Percentage of Sales

Percentage of Receivables

Direct

Aging of Receivables

First In First Out (FIFO)

Percentage of Sales

Percentage of Receivables

Direct

Aging of Receivables

Solution

Percentage of sales, Percentage of receivables, direct and aging of receivables all are the method of writing off uncollectable account receivable

So answer is a) First in First out (FIFO)

2.Which of the following is not a method of writing off uncollectable accounts receivable? First In First Out (FIFO) Percentage of Sales Percentage of Receivabl

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