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Which of the following statements is FALSE? Group of answer choices An entry to write off an uncollectible account does not change the net realizable
Which of the following statements is FALSE?
Group of answer choices
An entry to write off an uncollectible account does not change the net realizable value of AR
Recording bad debt expense will affect total assets.
The maturity value of a note is its principal plus interest.
A credit memo will reduce a companys cash balance.
If a companys accounts receivable are a material amount, the company must use the allowance method.
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