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The allowance for doubtful accounts is a(n) (current/contra/opposite) asset account and has a normal credit balance.

The allowance for doubtful accounts is a(n) (current/contra/opposite) asset account and has a normal credit balance.
asked 141k views
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The allowance for doubtful accounts is a(n) (current/contra/opposite) asset account and has a normal credit balance.

asked
User Jiyeon
by
7.7k points

1 Answer

5 votes

Answer:

contra

Step-by-step explanation:

because its true

answered
User Daniel Sp
by
8.8k points
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