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Is allowance for doubtful accounts a debit or credit.

Is allowance for doubtful accounts a debit or credit.
asked 187k views
11 votes
Is allowance for doubtful accounts a debit or credit.

asked
User Tieran
by
7.4k points

1 Answer

7 votes

Answer:

credit

Step-by-step explanation:

because the allowance for doubtful accounts is a contra asset account

answered
User Not Sure
by
8.4k points
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