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    Financial Accounting Study Set 18
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    Exam 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash
  5. Question
    The Year-End Journal Entry to Record Bad Debt Expense Reduces
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The Year-End Journal Entry to Record Bad Debt Expense Reduces

Question 118

Question 118

True/False

The year-end journal entry to record bad debt expense reduces current assets and net income.

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