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26 December, 00:39

When the allowance method of recognizing bad debt expense is used, the following transactions would have the following effect on the allowance account: Recognize Bad Debt Expense Write Off a Specific Account Reinstate an Account Previously Written Off a. Increase Increase Increase b. Increase Decrease Increase c. Decrease Increase Increase d. Increase Decrease Decrease

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  1. 26 December, 01:01
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    Option B is the correct one.

    Increase Decrease Increase
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