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Multiple Choice Question 62 The collection of an account that had been previously written off under the allowance method of accounting for uncollectibles O will
Multiple Choice Question 62 The collection of an account that had been previously written off under the allowance method of accounting for uncollectibles O will decrease income in the period it is collected. O does not affect income in the period it is collected. O requires a correcting entry for the period in which the account was written off. O will increase income in the period it is collected
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