Colleges like The Ohio State University are working hard to make tuition affordable to deserving students. Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college. Get Your Estimate. Future projections are based on past four years' data averaging 2.61% annual change in in-state tuition and fees and 3.14% change in out-of-state tuition and fees.
Percentage of sales method of estimating uncollectible accounts receivable. The percentage of sales method of estimating uncollectible accounts receivable is based on the relationship between uncollectible accounts receivable and the credit sales that produced them.
Direct write-off method is one of the two most common accounting techniques of bad debts treatment. In the direct write-off method, uncollectible accounts receivable are directly written off against income at the time when they are actually determined as bad debts.lthough the direct write-off method is simple, it has a major drawback. Often it violates the matching principle of accounting because it recognizes bad debt expense which is partly related to previous accounting period.