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the net realizable value of accounts receivable not change when you write off an uncollectible account...

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Accounting

the net realizable value of accounts receivable not change whenyou write off an uncollectible account using allowance method.Explain in detail.

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Under Allowance Method Bad Debt expense is estimated at the end of accounting period thorough an adjusting entry The adjustment is made by debiting Bad Debt expense account and crediting Allowance for Uncollectible account Allowance for Uncollectible account is a contra asset account having a Credit balance This is presented in the Balance Sheet on Asset side as a deduction of Gross Accounts receivables Lets for example say    See Answer
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the net realizable value of accounts receivable not change whenyou write off an uncollectible account using allowance method.Explain in detail.

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