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A debit balance in the Allowance for Doubtful Accounts

a.Should never occur.

b.Is always the result of management not providing a large enough allowance in order to manage earnings

c.May occur before the end-of-period adjustment for uncollectibles.

d.May exist even after the end-of-period adjustment for uncollectibles

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9401377

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