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1: What are the two main methods to account for uncollectible receivables? Which method of the two is the superior one and what principle makes

1: What are the two main methods to account for uncollectible receivables? Which method of the two is the superior one and what principle makes it so?

2: When estimating Bad Debt Expense, what are the two focuses?

3: Give the general journal entry to record a dishonored note.

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