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3. A debit balance in the Allowance for Doubtful Accounts: a)Is the normal balance for that account. b)Indicates that actual bad debt write-offs have been
3. A debit balance in the Allowance for Doubtful Accounts: a)Is the normal balance for that account. b)Indicates that actual bad debt write-offs have been less than what was estimated. c)Cannot occur if the percentage of sales method of estimating bad debts is used. d)Indicates that actual bad debt write-offs have exceeded previous provisions for bad debts
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