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The entry to provide for uncollectible accounts under the allowance method affects both the statement of income and the statement of financial position by a
The entry to provide for uncollectible accounts under the allowance method affects both the statement of income and the statement of financial position by
a increasing expenses and increasing the carrying amount of the accounts receivable.
b decreasing expenses and increasing the carrying amount of the accounts receivable.
c increasing expenses and decreasing the carrying amount of the accounts receivable.
d decreasing expenses and decreasing the carrying amount of the accounts receivable.
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