Why does the Bad Debt Expense account usually not have the same adjusted balance as the Allowance

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Why does the Bad Debt Expense account usually not have the same adjusted balance as the Allowance for Doubtful Accounts?

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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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Question Posted: Sep 21, 2024 05:19 AM

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Why does the Bad Debt Expense account usually not have the same adjusted balance as the Allowance for Doubtful Accounts?
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Why does the Bad Debt Expense account usually not have the same adjusted balance as the Allowance

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The adjustedbalances of Bad Debt Expense and Allowance for Doubtful Accounts ...View the full answer

Fundamental Accounting Principles

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