Pete Sazich, the accountant for Moore Company, believes that all bad debts will be eliminated if credit

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Pete Sazich, the accountant for Moore Company, believes that all bad debts will be eliminated if credit transactions are done by credit card. He also believes that the cost of credit card charges should be added on to the price of the goods. Pete feels that in the future the allowance method will be totally eliminated. You make the call. Write a letter stating your opinion regarding this matter to Pete’s boss.
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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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