The percentage of sales method, rather than the percentage of receivables method, would be used to estimate uncollectible accounts if an organization seeks to:

The percentage of sales method, rather than the percentage of receivables method, would be used to estimate uncollectible accounts if an organization seeks to:
A . Use an aging schedule to more closely estimate uncollectible accounts.
B . Eliminate the need for an allowance for doubtful accounts.
C . Emphasize the accuracy of the net realizable value of the receivables on the balance sheet.
D . Use a method that approximates the matching principle.

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Answer: D