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harra harra
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6 years ago
Under the income-statement approach (percent-of-sales approach), the entry to accrue bad-debt expense involves:
A) a debit to allowance for doubtful accounts and a credit to bad-debt expense.
B) a debit to bad-debt expense and a credit to allowance for doubtful accounts.
C) a debit to bad-debt expense and a credit to accounts receivable.
D) a debit to allowance for doubtful accounts and a credit to accounts receivable.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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harra Author
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#2
6 years ago
Great answer
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#3
3 years ago
thank you
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