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please discuss why a business risks having uncollectible accounts-i.e. why not just have a CASH ONLY policy? Then, please discuss why GAAP stresses the importance

please discuss why a business "risks" having uncollectible accounts-i.e. why not just have a "CASH ONLY" policy? Then, please discuss why GAAP stresses the importance of estimating your uncollectibel accounts and recording an allowance for uncollectible accounts. In discussing the allowance, please include why the users of the financial statements would care about an estimate of uncollectible accounts.

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