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  3. Study Set
    Accounting What the Numbers Mean Study Set 1
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    Exam 5: Accounting for and Presentation of Current Assets
  5. Question
    The Allowance for Bad Debts Account Is A(n)
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The Allowance for Bad Debts Account Is A(n)

Question 3

Question 3

Multiple Choice

The Allowance for Bad Debts account is a(n) :


A) current asset.
B) contra current asset.
C) expense.
D) contra revenue.

Correct Answer:

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