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Brandon Corporation generated 198,000 in crede sales during 2002, In February 2000, Brandon realized that $13.500 of the accounts recevable generated from the 2012
Brandon Corporation generated 198,000 in crede sales during 2002, In February 2000, Brandon realized that $13.500 of the accounts recevable generated from the 2012 credit sales were uncollectible Brandon seldom experiences bad debts losses; therefore, it used the specific write-off method. Using the matching principle, what is the effect on 2003 and 2002 net income as a result of the write-off Your answer: 2003 set income is understand by $13500 while 2002 time is oved by $13,00 2003 income is overstated by $13,500, while 2002 set income is dentated by $11.500 2003 set in is neither aventand or understated, tun 2002 set income is understated by $13,500 2003 incone is overstated by $13,500, 2003 income is setter enated Clear answer Submit Pause fust
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