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Select all that apply Which of the following are true for estimated uncollectible receivables? Uncollectibles represent an unusual and infrequent cost of business when companies

Select all that apply Which of the following are true for estimated uncollectible receivables? Uncollectibles represent an unusual and infrequent cost of business when companies sell goods or services on credit. When receivables are viewed in their totality, the amount cannot generally be estimated. Reporting accounts receivable net of an allowance for uncollectibles is consistent with the underlying concepts for loss contingencies. They are a routine loss contingency

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