Question

The __________ method of estimating bad debts uses both past and current receivables information to estimate the allowance amount. Specifically, each receivable is classified by how long it is past its due date. aging of receivables percentage of receivables percentage of sales

Answer 1

Answer:

aging of receivables

Explanation:

Based on the scenario being described within the question it can be said that the method that is being mentioned is known as aging of receivables. This is report that includes a list of unpaid customer invoices and unused credit memos of various different date ranges, both from the past and some from the current dates.