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When does an account become uncollectible? A. when accounts receivable is converted into notes receivableB. when discount is availed on notes receivableC. there is no general rule for when an account becomes uncollectibleD. at the end of the fiscal year

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Answer:

The correct answer is C. there is no general rule for when an account becomes uncollectible

Explanation:

An account receivable becomes uncollectible according to the policy established by the company. For example, the company can set a time limit, you can send the account to be attempted by a third party or even take legal action before considering an account as bad

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