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Athabasca Ltd. has several dozen notes receivable. It expects approximately 10% of these notes to be uncollectible. How should these estimated uncollectible notes be accounted

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Athabasca Ltd. has several dozen notes receivable. It expects approximately 10% of these notes to be uncollectible. How should these estimated uncollectible notes be accounted for? An entry should be made to debit for the 10% expected to be uncollectible

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