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    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
  5. Question
    The Expense Recognition (Matching) Principle Requires Use of the Allowance
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The Expense Recognition (Matching) Principle Requires Use of the Allowance

Question 89

Question 89

True/False

The expense recognition (matching) principle requires use of the allowance method of accounting for bad debts.

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