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If the allowance method is used to account for uncollectible accounts, when is bad debt expense increased? A : when a sale is made B : when management estimates the amount of uncollectibles C : when an
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If the allowance method is used to account for uncollectible accounts, when is bad debt expense increased? A : when a sale is made B : when management estimates the amount of uncollectibles C : when an account becomes bad and is written off D : when a customer's account becomes past due

User BlaBRA
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Answer:

A : when a sale is made

Step-by-step explanation:

The financial accounting term allowance method refers to an uncollectible accounts receivable process that records an estimate of bad debt expense in the same accounting period as the sale. The allowance method is used to adjust accounts receivable appearing on the balance sheet.

User Andrei Karpuszonak
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