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2 September, 20:55

The balance in Allowance for Doubtful Accounts will directly impact the end of period adjustment for the bad debt expense when using which of the following methods? A. Allowance methodB. Direct write-off methodC. Accrual methodD. declining value method

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  1. 2 September, 23:35
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    Answer: The balance in Allowance for Doubtful Accounts will directly impact the end of period adjustment for the bad debt expense when using "A. Allowance method".

    Explanation: This method is used to adjust accounts receivable from doubtful collection, that is, those that are expected to be partially or totally uncollectible.
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