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Indicate how each of the following transactions would affect Cullumber Holdings Ltd.'s statement of income, statement of financial position, and statement of cash flows. If

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Indicate how each of the following transactions would affect Cullumber Holdings Ltd.'s statement of income, statement of financial position, and statement of cash flows. If there would be no effect, then state that. Cullumber uses the allowance method of accounting for credit losses. a. Cullumber wrote off a receivable from a customer in the amount of $21,100. b. Cullumber recovered a $15,100 receivable from a customer whose account had previously been written off. c. Cullumber recorded credit losses for the period totalling $45,800. a. Statement of Income Statement of Financial Position Statement of Cash Flows b. Statement of Income Statement of Financial Position Statement of Cash Flows Statement of Income Statement of Financial Position $ Statement of Cash Flows $ $ eTextbook and Media Statement of Income Statement of Financial Position Statement of Cash Flows $ $ $

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