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GAAP requires that Accounts Receivables are reported on the Balance Sheet at the cash realizable value based upon which accounting principle? Realism Historical costt SEC

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GAAP requires that Accounts Receivables are reported on the Balance Sheet at the cash realizable value based upon which accounting principle? Realism Historical costt SEC requirements Conservatism Question 60 The correct way to determine Bad Debt Expense is 0/0.38 pol to get the manager to tell you the amount to compute it based upon the percentage of receivables deemed uncollectible to required ending balance in the Allowance for Doubtful Accounts, and add it to the beginning balance in the Allowance for Doubtful Accounts to compute the required ending balance in the Allowance for Doubtful Accounts, compare that to the beginning balance, and plug for the required adjustment

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