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Provide explanation for the accounting treatment of gst

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Reference no: EM132943546

Problem 1: Provide an explanation for the accounting treatment of GST in relation to accounting for bad debts that is recommended according to generally accepted accounting principles (GAAP), if:

  1. You were required to write off the balance of a customer's account
  2. You had to estimate bad debts expense using the allowance method for the year end accounts

Reference no: EM132943546

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