Question: QUESTION 18 The adjusting entry to record the estimated bad debts in the period credit sales occur includes a debit to an: expense account and

QUESTION 18 The adjusting entry to record the estimated bad debts

QUESTION 18 The adjusting entry to record the estimated bad debts in the period credit sales occur includes a debit to an: expense account and a credit to a contra-asset account, expense account and a credit to an asset account expense account and a credit to a revenue account. asset account and a credit to a liability account. 7

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