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The effect of writing off an account receivable as a bad debt under the allowance method

The effect of writing off an account receivable as a bad debt under the allowance method.

05_178

 

Reference: 05_183

Listed below are five terms followed by a list of phrases that describe or characterize the terms. Match each phrase with the best term by placing the letter designating the term in the space provided.
Terms:

a. Credit sales

b. Sales returns

c. Sales allowances

d. Sales discounts

e. Trade discounts

 

 

183. _____ When a customer returns a product.

 

 

 

184. _____ Deducted from list price.

Feb 01 2020 View more View Less

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