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stira [4]
3 years ago
12

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
Business
1 answer:
vodomira [7]3 years ago
4 0

Answer:

Option B is the correct one.      

Increase   Decrease Increase

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4 years ago
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The correct answer to the following question is option A) .

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Valerie promised to buy Nicole's car for $2,000. Nicole drew up the contract providing that the exchange would occur the next we
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That the mistake resulted from an accidental clerical error and that it would be unconscionable to enforce the contract.

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