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Accounting

Under the allowance method of recognizing uncollectible accounts, the entry to write off an uncollectible account

a. increases the allowance for uncollectible accounts.

b. has no effect on the allowance for uncollectible accounts.

c. has no effect on net income.

d. decreases net income.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9444843

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