Roger Holloway cannot understand why cash realizable value does not decrease when an uncollectible account is written

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Roger Holloway cannot understand why cash realizable value does not decrease when an uncollectible account is written off under the allowance method.
Clarify this point for Roger Holloway.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Dec 29, 2012 04:34 AM

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Roger Holloway cannot understand why cash realizable value does not decrease when an uncollectible account is written

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