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Question B3 Part I When a company estimates the loss due to uncollectible accounts, is it recognized in (i) the period in which the sale

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Question B3 Part I When a company estimates the loss due to uncollectible accounts, is it recognized in (i) the period in which the sale is made OR (ii) the period in which the account receivable is determined to be worthless? Support your answer with the underlying accounting principle. (2 marks)

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