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Which of the following does not occur when a company receives additional information that requires it to increase its expectations of uncollectible accounts receivable? Select
Which of the following does not occur when a company receives additional information that requires it to increase its expectations of uncollectible accounts receivable?
Select one:
A. Bad debt expense is increased
B. Accounts receivable (net) is reduced
C. Net income is reduced
D. The allowance account is decreased
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