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What type of account is Allowance for Uncollectible? Accounts? A. expense B. contra asset C. current liability D. contra revenue Which ratio indicates the effectiveness

What type of account is Allowance for Uncollectible? Accounts?

expense

contra asset

current liability

contra revenue

Which ratio indicates the effectiveness of a? company's credit extension? policy?

inventory turnover

accounts payable turnover

days inventory on hand

days sales outstanding

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