For a company using the allowance method of accounting for uncollectible accounts, which of the…

How might information in an aging schedule prove useful to management for purposes other than estimating the size of the required allowance for uncollectible accounts?

For a company using the allowance method of accounting for uncollectible accounts, which of the following directly affects its reported net income: (1) the establishment of the allowance, (2) the writing off of a specific account, or (3) the recovery of an account previously written off as uncollectible?

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