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Which type of account is an Allowance for Doubtful Accounts? A. Contra-asset B. Asset C. Contra-revenue D. Revenue

Which type of account is an Allowance for Doubtful Accounts? A. Contra-asset B. Asset C. Contra-revenue D. Revenue
asked 44.3k views
5 votes
Which type of account is an Allowance for Doubtful Accounts?

A. Contra-asset
B. Asset
C. Contra-revenue
D. Revenue

asked
User PaddingtonMike
by
8.2k points

1 Answer

2 votes
A Contra-asset account! Hope this helps. c:
answered
User Peter Knego
by
8.7k points
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