The aging-of-accounts-receivable method computes uncollectible accounts expense as a percentage of net credit sales.

true or false?

Believe me, this is very false. It tells you right in the question. Aging of accounts receivable has nothing to do with net credit sales.

True

Aging of Accounts Receivable- Aging considers that the longer a receivable is outstanding, the less likely it is to be collected. A separate estimate of the percentage of uncollectibles is applied to each age classification group instead of applying an overall percentage.

True

√ True

The aging-of-accounts-receivable method computes uncollectible accounts expense as a percentage of net credit sales.

true or false?