The allowance method does not involve
a. estimating the amount of uncollectible accounts that will occur over time in connection with the sales of each period.
b. recognizing the amount of uncollectible accounts that will occur over time in connection with the sales of each period in the period of the sale.
c. matching expenses with associated revenues.
d. the valuation method required for income tax reporting in the United States.
e. none of the above.
D
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