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The use of the allowance for doubtful accounts approach: a)should not be used if the customers are highly concentrated b)increases the allowance for doubtful accounts
The use of the allowance for doubtful accounts approach:
a)should not be used if the customers are highly concentrated
b)increases the allowance for doubtful accounts when an account is written off.
c)results in a matching of uncollectible accounts expense with the related sales that led to the expense
d)does not recognize an expense when the allowance is set up.
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