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What are the 2 methods that companies implement to adjust

Assignment

What are the 2 methods that companies implement to adjust the outstanding accounts receivable for the current accounting period? How often is this done?

Provide an example of each in detail.

Explain how these methods can impact the financials as a whole, and specifically how they can be misread by an overstatement of accounts receivable dependent upon the users of the information.

Include in your explanation which method you feel would be best for the company, and support your reasoning

Length: 400-600 words.

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Accounting Basics: What are the 2 methods that companies implement to adjust

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