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Companies must use the Allowance Method to account for Accounts Receivable. Why can't companies simply...

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Accounting

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Companies must use the Allowance Method to account for Accounts Receivable. Why can't companies simply wait until the period in which the debt is not paid, and then expense it? O Because that would violate the Maching Principle. O Because that would violate the Revenue Recognition principle. O Because that would overstate sales revenue. O Because that would understate liabilities

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