Harry’s Hardware estimates that approximately $1.75 out of every $100 of credit sales proves to be uncollectible. Barber calculates Bad-Debts Expense using the
A. income statement approach.
B. direct write-off method.
C. balance sheet approach.
D. aging the Accounts Receivable approach.

Question

Harry’s Hardware estimates that approximately $1.75 out of every $100 of credit sales proves to be uncollectible. Barber calculates Bad-Debts Expense using the
  A. income statement approach. 	
  B. direct write-off method. 	
  C. balance sheet approach. 	
  D. aging the Accounts Receivable approach.

blondie_b23 · Answer

"uncollectible"has been thinking B. direct write-off method

blondie_b23 · Answer

Please medal if this is correct and comment if its not. Have a nice night!