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H3Ko H3Ko
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Posts: 4891
8 years ago
Bad debt expense is not debited when a company writes off an account receivable when using the allowance method because the company has already recorded the Bad Debt Expense as an adjusting entry.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
8 years ago
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H3Ko Author
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8 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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