If the following statement are true concerning the allowance method except: it does not always match revenue

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If the following statement are true concerning the allowance method except: it does not always match revenue and expenses. It can overstate accounts receivable. It is the only method acceptable for federal income tax purposes. It is only method considered as generally accepted accounting principle

Posted Date: May 19, 2024 04:01 AM

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If the following statement are true concerning the allowance method except: it does not always match revenue

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