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If Clorox had reported an ending fiscal year 2018 Allowance for doubtful accounts balance of $(8) instead of $(7), how would the 2018 income statement
If Clorox had reported an ending fiscal year 2018 Allowance for doubtful accounts balance of $(8) instead of $(7), how would the 2018 income statement have been different?
Group of answer choices:
Revenues would have been higher by 1.
Revenues would have been lower by 1.
Pretax expenses would have been lower by 1.
Pretax expenses would have been higher by 1.
There would be no income statement effect.
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