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A debit balance in the allowance account may exist before recognizing estimated uncollectibles for the period because A firms sometimes write off specific customers' accounts during an accounting period as the firm identifies the specific customers whose accounts have become uncollectible. B none of the above. C the account will always have a credit balance after recognizing the provision for estimated uncollectibles for the period. D all of the above. E firms generally wait until the end of the accounting period to recognize bad debt expense for the period.
Sagot :
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