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How could a company set up a rainy day reserve using the Allowance for Doubtful Accounts? a. Understate the Allowance account b. Overstate the Allowance

How could a company set up a rainy day reserve using the Allowance for Doubtful Accounts?

a. Understate the Allowance account

b. Overstate the Allowance account

c. Increase sales for cash and reduce sales on account

d. Decrease sales for cash and increase sales on account

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