Question: please help question 3 Use the dropdown menus to answer the following questions: - Allowance for Doubtful Accounts is a(n) Contra Asset account. - Allowance

please help question 3

Use the dropdown menus to answer the following questions: - Allowance for Doubtful Accounts is a(n) Contra Asset account. - Allowance for Doubtful Accounts' companion account on the balance sheet is Accounts Receivable. Allowance for Doubtful Accounts is added to this account. - Allowance for Doubtful Accounts increases with a Credit . - When Allowance for Doubtful Accounts increases, total assets Decrease Answer 1: Contra Asset Answer 2: Accounts Receivable Answer 3: added to Answer 4: Credit Answer 5: Decrease

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