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H3Ko H3Ko
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7 years ago
A company with significant amounts of accounts receivable experiences uncollectible accounts from time to time. If the company uses the direct write-off method, the effect of writing off an uncollectible receivable will be ________.
A) a generation of positive cash flow
B) negligible on net income
C) an increase in total assets
D) a reduction in net income
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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H3Ko Author
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7 years ago
I just realized you had posted this! Thanks so much
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4 years ago
thank you!
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