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What impact of overestimating the allowance for bad debts

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Reference no: EM132819651

Problem 1: The impact of overestimating the allowance for bad debts account on net income is:

Select one:

a. to report more income in the future

b. to report more income in the present

c. to smooth out income for all periods

d. to report greater cash in the present

Reference no: EM132819651

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