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On the balance sheet at the end of the fiscal year, the amount shown for the Allowance for Bad Debts is equal to the sum
On the balance sheet at the end of the fiscal year, the amount shown for the Allowance for Bad Debts is equal to the
sum of all accounts that are past due. |
Bad Debts expense for the year |
total estimated Bad Debts as of the end of the year |
total of the accounts receivables written-off during the year |
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