If a company that uses the allowance method to account for bad debts consistently over estimates bad

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If a company that uses the allowance method to account for bad debts consistently over¬ estimates bad debts, how does this show up in the books? Ifthe same company consistently understates the bad debt estimate, how does this show up in the books?

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Financial Accounting In An Economic Context

ISBN: 9780538855846

3rd Edition

Authors: Jamie Pratt

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Question Posted: Jul 18, 2024 10:03 AM

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If a company that uses the allowance method to account for bad debts consistently over estimates bad

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Financial Accounting In An Economic Context

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