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The 2 steps required using the allowance method, are to (Select the 2 that apply.) first make an end-of-period adjustment to record the estimated bad

The 2 steps required using the allowance method, are to (Select the 2 that apply.) first make an end-of-period adjustment to record the estimated bad debts Dlater write-off specific customer balances when they are known to be uncollectible first write-off specific customer balances later make an end-of-period adjustment to record the estimated bad debts

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