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1. What is the key difference between estimating uncollectible expense using "the percent of revenue...

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Accounting

1. What is the key difference between estimating uncollectible expense using "the percent of revenue method" versus "the percent of receivable method?" Which method do you think would be more accurate? Why?

2. Wells Fargo is the type of industry the company represents or the products/services they sell, what are some factors that might cause the "percentage used to calculate uncollectible accounts" to change from one year to another?

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