The account Allowance for Doubtful Accounts is classified as a(n) contra account to Bad Debt Expense .

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The account Allowance for Doubtful Accounts is classified as a(n)

contra account to Bad Debt Expense

liability

expense

contra account to Accounts Receivable.

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Fundamental Accounting Principles

ISBN: 978-1259916960

24th edition

Authors: John J Wild, Ken Shaw

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Posted Date: Mar 23, 2022 09:56 AM

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The account Allowance for Doubtful Accounts is classified as a(n) contra account to Bad Debt Expense .

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An allowance for doubt accounts is considered as a Con tra asset because it educ... View the full answer

Fundamental Accounting Principles

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