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Under the allowance method, a.the allowance account is used, but estimates are not. b.bad debt expense is recorded when specific customer accounts are determined to
Under the allowance method,
a.the allowance account is used, but estimates are not.
b.bad debt expense is recorded when specific customer accounts are determined to be uncollectible.
c.the allowance account and estimates are used.
d.primary users are small companies with few receivables.
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