Tracy Buss cannot understand why the cash realizable value does not decrease when an uncollectible account is

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

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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