11) The adjusting entry to record bad debts expense using the allowance method usually decreases net income.
12) The Allowance for uncollectible accounts normally decreases total assets.
13) The Allowance for uncollectible accounts appears on the income statement.
14) The Allowance for uncollectible accounts appears on the balance sheet.
15) Bad debts expense appears on the income statement.
16) Bad debts expense appears on the balance sheet.
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