Michelle Carroll is a coworker of yours and she overheard a conversation at work about changes that her boss wants to make in accounting for uncollectible accounts receivable.

Michelle Carroll is a coworker of yours and she overheard a conversation at work about changes that her boss wants to make in accounting for uncollectible accounts receivable. She does not know a lot about accounting and wants to understand about what she overheard.

In an email, she asks you to explain the following:

The three different methods that can be used to account for uncollectible accounts receivable, specifically:
percentage of receivables
percentage of sales
the direct write-off methods
Reply to her email about these differences.

Grading Criteria

25% Explaining the percentage of receivables

25% Explaining the percentage of sales

25% Explaining the direct write-off method

15% Additional research supporting the initial answer to the IP

10% Justified ideas and responses by using appropriate examples or personal experience.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Course Materials