Asked by Amber Lloyd on Jun 22, 2024

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The ________ method uses both past and current receivables to estimate the allowance amount,and assumes that the longer an amount is past due,the more likely it is to be uncollectible.

Aging Method

An accounting technique used to estimate the amount of uncollectable accounts receivable by categorizing outstanding invoices based on the length of time they have been due.

  • Learn to employ aged receivables for estimating provisions for doubtful accounts.
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Anastasia TiannaJun 23, 2024
Final Answer :
aging of accounts receivable