Main methods to account for uncollectible receivables

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1. What are the two main methods to account for uncollectible receivables?

Which method of the two is the superior one and what principle makes it so?

2. a. Who are the two parties to a Promissory Note?

b. How do we mathematically calculate interest?

3. How does one calculate "Accounts Receivable Turnover"?

Reference no: EM13906221

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