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)
