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When the customer returns 5% of the goods you sold them, you will only consider 95% of your original sales amount as the outstanding receivables

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When the customer returns 5% of the goods you sold them, you will only consider 95% of your original sales amount as the outstanding receivables as you think this is the net realizable value that the customer owes you." True False Declining balance method of depreciation allocates an equal amount of annual depreciation through an asset's useful life and is the most common method used by many companies. True False

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