Which of the following is a cost of extending credit to customers?
A)Uncollectible accounts expense
B)Lost sales
C)Fees paid to credit card companies
D)Explicit interest

Name: Which of the following is a cost of extending credit to customers? A)Uncollectible accounts expense B)Lost sales C)Fees paid to credit card companies D)Explicit interest
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Question

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Two costs of extending credit to customers are uncollectible accounts expense and recordkeeping costs.

Which of the Following Is a Cost of Extending Credit