Why is the bad debts expense that is reported in the income statement usually not the same

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Why is the bad debts expense that is reported in the income statement usually not the same amount as the allowance for doubtful accounts amount reported in the statement of financial position?

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:13 AM

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Why is the bad debts expense that is reported in the income statement usually not the same

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Financial Accounting Tools for Business Decision Making

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