|[pic]b. necessitates the recording of an estimated bill for|34. The matching principle |
|bad debts. |a. requires that all credit losings be recorded when an individual |
| |customer cannot pay. |
| |b. necessitates the recording of an estimated meter for bad |
| |debts. |
| |c. results in the recording of a known arrive for bad debt losses.|
| |d. is not involved in the decision of when to get down a credit |
| |loss.
|
|[pic]d. net Accounts Receivable will be understated. |35. If the amount of uncollectible account expense is overstated |
| |at year end |
| |a. net income will be overstated. |
| |b. stockholders fair-mindedness will be overstated. |
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