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If a company uses the percent of receivables method to estimate uncollectible accounts, the company will first determine the required ending balance in Allowance for
If a company uses the percent of receivables method to estimate uncollectible accounts, the company will first determine the required ending balance in Allowance for Doubtful Accounts, and Uncollectible Accounts Expense will be the difference between that amount and the current balance in the allowance. True False
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