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ats Question 4 Mark each of the following statements as the true ornetto The direct method of recording bad debitis not under CAP principle Collection

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ats Question 4 Mark each of the following statements as the true ornetto The direct method of recording bad debitis not under CAP principle Collection of a previously written off account will not affect the balance sheet A credit memo issued by the bank reduces a company's cash balance True. True, True True, True, False False, False, False False, True. True O False. True, False

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