Define the percentage of sales and percentage of receivables methods of calculting bad debt expense. What are the pros and cons of each method?

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Define the percentage of sales and percentage of receivables methods of calculting bad debt expense. What are the pros and cons of each method?

Question Description

This is a class question that needs to be answer wit at least 150 words. I would like it explain in your own words, but if not please cite-in-text with reference. No Plagiarism

Define the percentage of sales and percentage of receivables methods of calculting bad debt expense. What are the pros and cons of each method?