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1- Bad Debt Expense is reported on the income statement as: Select one: a. reducing gross profit. b. part of cost of goods sold. c.
1- Bad Debt Expense is reported on the income statement as: Select one: a. reducing gross profit. b. part of cost of goods sold. c. a contra-revenue account. d. an operating expense.
2-
On a bank reconciliation, the amount of an unrecorded bank service charge should be: Select one: a. Deducted from the companys book balance of cash. b. Added to the book balance of cash. c. Added to the bank balance of cash. d. Deducted from the bank balance of cash.
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