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    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
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    The Percent of Sales Method of Estimating Bad Debts Focuses
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The Percent of Sales Method of Estimating Bad Debts Focuses

Question 74

Question 74

True/False

The percent of sales method of estimating bad debts focuses more on the realizable value of accounts receivable than on expense recognition.

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