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Under the allowance method of uncollectible accounts, the adjusting entry to estimate the amount that will become uncollectible affects the accounting equation by a. decreasing

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Under the allowance method of uncollectible accounts, the adjusting entry to estimate the amount that will become uncollectible affects the accounting equation by a. decreasing assets and decreasing stockholders' equity (expense) b. increasing assets and increasing liabilities c. decreasing assets and increasing stockholders' equity (revenue) Od. increasing liabilities and decreasing stockholders’ equity (expense)

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