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What method of accounting for uncollectible receivables

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George's Hardware is a small hardware store in rural township of Oxford, Mass. It rarely  extends credit to its customers in the form of an accounts receivable. The few customers who are allowed to carry accounts receivable are long-time residents of Oxford with a history of doing business at George's Hardware.

Problem a. What method of accounting for uncollectible receivables should Geotge's Hardware use?

Reference no: EM132986392

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