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The allowance method complies with the generally accepted accounting principle of matching True or False True False A company must have less than 30 days'

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The allowance method complies with the generally accepted accounting principle of matching True or False True False A company must have less than 30 days' sales uncollected to be adequately liquid. True or False True False Treating small-dollar-amount capital expenditures as revenue expenditures is likely to mislead users of financial statements, True or False True False The impairment of goodwill appears directly on the statement of changes in equity and not on the income statement True or False True False

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