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When recording the adjusting entry for uncollectible accounts using the allowance method, customers' subsidiary accounts are not directly reduced. The reason is (Select all that
When recording the adjusting entry for uncollectible accounts using the allowance method, customers' subsidiary accounts are not directly reduced. The reason is (Select all that apply.) the amounts are estimates and no one knows which particular customers will not pay the write-offs were previously recorded so customers' accounts would be reduced twice subsidiary accounts are unable to be reduced the company would lose track of which customers still owe money
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