S Financial Accounting, Seventh Canadian Edition by Kimmel, Weygandt, Kieso. Trenholm. Irvine, and Burnlev PRINTER VERSION 4 BACK NEXT Practice,Question 03 When bad debts are not matched to sales with an allowance for doubtful accounts, the effect in the financial statements is customers default on loans. Oaccounts receivable are overstated. expenses are overstated. all of the above. LINK TO TEXT Practice, Question 19 Managing receivables does not involve establishing a payment period monitoring collections. determining to whom credit should be extended disposing of receivables. LINK TO TEXT