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Question 2 1 pts Which of the following are the two methods of accounting for uncollectible receivables? The allowance method and the direct write-off method

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Question 2 1 pts Which of the following are the two methods of accounting for uncollectible receivables? The allowance method and the direct write-off method The asset method and the sales method The direct write-off method and the liability method The allowance method and the liability method Question 3 1 pts Which of the following entries would be used to account for uncollectible receivables using the allowance method? Bad Debts Expense is debited and Accounts receivable is credited Allowance for doubtful accounts is debited and Bad Debts Expense is credited. Bad Debts Expense is debited and Allowance for uncollectible accounts is credited. Accounts receivable is debited and Bad Debts Expense is credited

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