Question: The challenge businesses face when estimating the allowance for previously recorded sales is that: aat the time of the sale, it is not known which

The challenge businesses face when estimating the allowance for previously recorded sales is that: aat the time of the sale, it is not known which customer

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will not make their payment. bpast default rates are not a good predictor of future default rates. cin bad economic times, fewer customers will have problems with their payments. dthose sales have been closed into retained earnings

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