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Question 8 of 8 - 12 ill View Policies Current Attempt in Progress Management can choose between two bases in calculating the estimated uncollectible accounts under the allowance method One basis emphasizes an income statement viewpoint whereas the other emphasizes a balance sheet viewpoint. Identify the two bases and contrast the two approaches. How do the different points of view affect the amount recognized as Bad Debt Expense during the accounting period? 7 INI 11 ' . : B 99 a O Words) e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later