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pincus associates uses allowance method to account for bad debts. 2024 was the first year of operations for pincus so it had a 0 opening
pincus associates uses allowance method to account for bad debts. 2024 was the first year of operations for pincus so it had a 0 opening balance in its allowance for uncollectible accounts of 10000. by the end of 2024 cash collection on accounts receiveable totaled 210000.
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Internal Audit Efficiency Through Automation
Authors: David Coderre
1st Edition
0470392428, 978-0470392423
