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Establishing an allowance for doubtful accounts under the allowance method is necessary because a. collection agencies use this account to accumulate attempts to collect worthless

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Establishing an allowance for doubtful accounts under the allowance method is necessary because a. collection agencies use this account to accumulate attempts to collect worthless balances b. uncollectible accounts that are written off must be accumulated in a separate account. 0.c.aliability results when a credit sale is made. d. estimates must be made when recording bad debt expense and it is not possible to know which specific accounts will not be collected

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