What kind of account is allowance for doubtful accounts? What does it represent?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Question Posted: Jul 23, 2012 02:59 AM

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What kind of account is allowance for doubtful accounts? What does it represent?

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Allowance for doubtful accounts is a contraasset account It i...View the full answer

Cornerstones of Financial and Managerial Accounting

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