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FrozenT [24]
2 years ago
13

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

and allowances write-offs of specific customers sales on account estimated bad debts from the adjusting entry
Business
1 answer:
docker41 [41]2 years ago
8 0

The Allowance for Doubtful Accounts T-account will have the  <u>estimated bad debts from the adjusting entry</u> sales discounts .

Doubtful account

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable. The allowance, sometimes called a bad debt reserve, represents management's estimate of the amount of accounts receivable that will not be paid by customers.

Learn more doubtful account here :

brainly.com/question/15409074

#SPJ4

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