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Under the allowance method of accounting for uncollectible accounts, when is bad debt expense recorded? When an account is deemed uncollectible. When the sale
Under the allowance method of accounting for uncollectible accounts, when is bad debt expense recorded? When an account is deemed uncollectible. When the sale is recorded. When uncollectible accounts are estimated and adjusted. When cash is collected from the customer. When a previously written off account is reinstated.
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