When a company extends credit to its customers, the company realizes it will not likely collect all of the related accounts receivable.As some accounts may prove to be uncollectible, a company must estimate its bad debt expense.
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The Answer of When a company extends credit to its customers, the company realizes it will not likely collect all of the related accounts receivable.As some accounts may prove to be uncollectible, a company must estimate its bad debt expense.
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When a Company Extends Credit to Its Customers, the Company