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Under the allowance method of accounting for uncollectible receivables, writing off an uncollectible account a. is not an acceptable practice. b. affects only income statement
Under the allowance method of accounting for uncollectible receivables, writing off an uncollectible account a. is not an acceptable practice. b. affects only income statement accounts. c. affects only balance sheet accounts. d. affects both balance sheet and income statement accounts.
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