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    Fundamentals of Financial Accounting Study Set 3
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    Exam 8: Receivables, bad Debt Expense, and Interest Revenue
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    The Two Methods of Accounting for Bad Debts That Are
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The Two Methods of Accounting for Bad Debts That Are

Question 37

Question 37

True/False

The two methods of accounting for bad debts that are acceptable under GAAP are the allowance method and the direct write-off method.
BT: Comprehension

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