Question: Time left 0 : 0 7 : 5 6 Under the Allowance Method, net realizable value of receivables does not change even after some receivables

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Under the Allowance Method, net realizable value of receivables does not change even after some receivables are written off; and there is no effect on net income of the company as long as the amount written off is greater than the existing balance in the allowance account.

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Time left 0 : 0 7 : 5 6 Under the Allowance

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