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The impact of overestimating the allowance for bad debts account on net income is: Select one: a.to report more income in the future b.to report

The impact of overestimating the allowance for bad debts account on net income is:

Select one:

a.to report more income in the future

b.to report more income in the present

c.to smooth out income for all periods

d.to report greater cash in the present

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