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Arada [10]
1 year ago
15

he Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales on account

estimated bad debts from the adjusting entry write-offs of specific customers sales discounts and allowances
Business
1 answer:
lukranit [14]1 year ago
8 0

The Allowance for Doubtful Accounts T-account will have the write-offs of specific customers sales discounts and allowances on the credit side.

<h3>What is Doubtful Accounts?</h3>

It lowers the value of an asset—in this case, the accounts receivable—the allowance for dubious accounts is referred to as a "contra asset."

The allowance, also known as a bad debt reserve, is management's projection of the amount of accounts receivable that customers will not pay.

Thus, option B is correct.

For more details about Doubtful Accounts, click here:

brainly.com/question/14301375

#SPJ1

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