the method it uses to compute the allowance for uncollectibl

the method it uses to compute the allowance for uncollectible accounts receivable because more recent information has become available, how is this change in method accounted for? Multiple Choice The change is reponted in all tiure periods offecked by the change Previously issued financial stotements are not adjusted by the change All of the other answers are correct ways to account for the change

Solution

If a company changes the method of its uses to compute the allowance for uncollectible accounts receivable because more recent information has become available how is this change in method accounted for

So answer is a) The change in reported in all future periods affectedby the change