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3. The allowance method based on aging the receivables is a method of estimating uncollectible accounts that emphasizes asset valuation rather than income measurement. TRUE

image text in transcribed 3. The allowance method based on aging the receivables is a method of estimating uncollectible accounts that emphasizes asset valuation rather than income measurement. TRUE FASLE Cyber Co. determined that the net value of its accounts recivable at December 31,2010 , based on an aging of the receivables, was $225,000. Additional information is as follows

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