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A company uses the allowance method for account for bad debts. For each of the following conditions determine the effect on the account equation. Indicate

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A company uses the allowance method for account for bad debts. For each of the following conditions determine the effect on the account equation. Indicate I - increase; D - Decrease; NE - No Effect. The company records bad debt expense The company writes off an account receivable as uncollectible. The company collects on a previously written off account

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