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Ch 9 quiz - ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA...

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ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA 09/T5 (DANIEL) (ECAMP-ACT2291XTIA-09T5) > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT: REAL QUIZ FOR CHPTER 9
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Review Assessment: REAL QUIZ FOR CHPTER 9 7/9/09 5:23 PM REAL QUIZ FOR CHPTER 9 Completed 65 out of 100 points 0 hours, 41 minutes, and 55 seconds out of 1 hours and 0 minutes allow Questio n 1 0 out of 5 points When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited when Selected Answer: Correct Answer: Questio n 2 5 out of 5 points When comparing the direct write-off method and the allowance method of accounting for uncollectible accounts, a major difference is that the direct method Selected Answer: Correct Answer:
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Questio n 3 5 out of 5 points Of the two methods of accounting for uncollectible receivables, the allowance method provides in advance for uncollectible receivables. Selected Answer: Correct Answer: Questio n 4 5 out of 5 points When an account receivable that has been written off is subsequently collected, the account receivable is said to be reinstated.
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