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Which of the following statements about bad debts are true? a) the amount of money in the allowance for bad debts must be equal to

Which of the following statements about bad debts are true? a) the amount of money in the allowance for bad debts must be equal to the current year's bad debt expense b) the amount of money that is written off in a given year must be equal to that year's bad debt expense c) the amount of money added to the allowance bad debts must be equal to the current year's bad debt expense

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