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Splashy Fish Store allows qualified customers to purchase items on credt. Durlng the ort year, Lsa the o Splashy Fish Store's deduction for the uncollectide

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Splashy Fish Store allows qualified customers to purchase items on credt. Durlng the ort year, Lsa the o Splashy Fish Store's deduction for the uncollectide accounts receivable d te tt s ts h he a. Any deduction for the uncollectible accounts recelvable will be treated a short term captal loss b. Splashy is not allowed a deduction for the uncollectible accounts if the income arising fram the accounts has not been preously incuded in tasable income Oc. Only $3,000 of the uncollectible accounts receivable may be deducted in the current year d. All of these statements are true. Ge. Two of these statements are true

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