A firm has consistently adjusted its allowance account at

Reference no: EM13602736

A firm has consistently adjusted its allowance account at the end of the fiscal year by adding a fixed percent of the period's net sales on account. After seven years, the balance in Allowance for Doubtful Accounts has become very large in relationship to the balance of Accounts Receivable, give two explanations why?

Reference no: EM13602736

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A firm has consistently adjusted its allowance account at

Reference no: EM13602736

Reference no: EM13602736

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