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SETUP & ADJUSTMENT LOSSES
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⚫️ Direct = actual loss ⚪️ Allowance = estimate ⚫️ NI higher w/ Allowance ⚪️ Want more practice problems resources? ⚫️ Go to: https://www.acceleratedaccountingacademy.com #accounting #cpaprep #accountingstudent #cpaexam #learnontiktok
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⚫️ Direct = actual loss ⚪️ Allowance = estimate ⚫️ NI high…
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