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Why is an Allowance for Uncollectible Accounts necessary? A) When recording uncollectible accounts expense, you don’t...

Why is an Allowance for Uncollectible Accounts necessary?

A) When recording uncollectible accounts expense, you don’t know which specific accounts won’t pay. B) Uncollectible accounts that are written off must be accumulated in a separate account. C) A liability results when a credit sale is made. D) Management needs to accumulate all the credit losses over the years.

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