Respond to the Following Accounting Discussions

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Respond to the Following Accounting Discussions

  • From the first e-Activity, discuss how the current U.S. economy has affected the write-off of and the impact on factoring accounts receivable. Cite the Websites used to support your answer. 
  • In the second e-Activity, the article discusses methods used to assess the accuracy of the estimates of bad debts in a company. Determine why a company would want to over- or under-estimate additions to the allowance for doubtful accounts.