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Part I Answer the following questions about recording uncollectible Accounts Receivable (A/R): a) Describe both the direct write-off method and the allowance method of recognizing

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Part I Answer the following questions about recording uncollectible Accounts Receivable (A/R): a) Describe both the direct write-off method and the allowance method of recognizing uncollectible accounts receivable. b) Which method is in accordance with GAAP? Discuss the reasons why the other method is not in accordance with GAAP

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