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Your friend owns a business that offers customers credit on their purchases, but she/he has never used any of the generally accepted allowance methods to
Your friend owns a business that offers customers credit on their purchases, but she/he has never used any of the generally accepted allowance methods to calculate and record bad debt expense. For this discussion, prepare a recommendation for the business as follows:
Review the generally accepted allowance methods and determine which one you believe is the best method. Prepare a summary of the method you selected that justifies why you believe it is the best method
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