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View Full Version : Lowering the estimate for doubtful accounts.


rcpackard
May 5, 2008, 12:59 PM
What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?

delite
May 5, 2008, 09:01 PM
If you lower reserve requiremnt for doubtful accounts, you are in essence raising yearnings by such reductions