Jo Duma cannot understand why the cash realizable value does not decrease when an uncollectible ac- count

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Jo Duma cannot understand why the cash realizable value does not decrease when an uncollectible ac- count is written off under the allowance method. Clarify this point for Jo Duma.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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