Aird Companys equity in 2011 was reduced by the estimated bad debts on sales made in 2011,

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Aird Company’s equity in 2011 was reduced by the estimated bad debts on sales made in 2011, but its equity in 2012 [was / was not]

affected by this write-off of a bad debt.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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