Generally accepted accounting principles do not normally allow the use of the allowance method of accounting for uncollectible accounts.

Name: Generally accepted accounting principles do not normally allow the use of the allowance method of accounting for uncollectible accounts.
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Generally accepted accounting principles do require the use of the allowance method of accounting for uncollectible accounts in order to properly match expenses with revenues and report accurate financial statements.

Generally Accepted Accounting Principles Do Not Normally Allow the Use