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Question 1 2 What does the allowance for doubtful accounts represent? The cash collected from the sale of goods or services The discount given to

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What does the allowance for doubtful accounts represent?

The cash collected from the sale of goods or services

The discount given to customers for early payment

An estimation of accounts receivable that will not be collected

The total amount of cash expected to be received

The amount of receivables used as collateral for a loan

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