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failure to write down uncollectible receivables for bad debts results in which of the following? a. overstatement of accounts receivable b. understatement of accounts receivable

failure to write down uncollectible receivables for bad debts results in which of the following?

a.

overstatement of accounts receivable
b.

understatement of accounts receivable
c.

overstatement of both accounts receivable and net income
d.

overstatement of accounts receivable and understatement of net income

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