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Capital expenditures are expenditures that generally add value to the asset and prolong the life of the asset. True or False True False After writing

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Capital expenditures are expenditures that generally add value to the asset and prolong the life of the asset. True or False True False After writing off uncollectible accounts, a company reinstates and recovers an account for a customer. What will the entry include to record the reinstatement? Multiple Choice Increase to cash Increase to Accounts Receivable Decrease to Allowance Account O Decrease to Accounts Receivable

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