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Assuming Alpha company uses the percent of receivables method to determine the amount of uncollectible expense, which of the following shows how the recognition of

Assuming Alpha company uses the percent of receivables method to determine the amount of uncollectible expense, which of the following shows how the recognition of the expense will affect Alpha's financial statements? A. B. C. D. Assets - + + O Balance sheet = Liab. + + NA O = = Multiple Choice = Option A Option B + + + Equity + + - Rev. + Income Statement Exp. = + - - - - + + = = Net Inc. + - Statement of Cash FlowS + OA - OA

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