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    Horngrens Accounting Study Set 2
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    Exam 9: Receivables
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    The Allowance for Doubtful Accounts Is a Contra Account to Accounts
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The Allowance for Doubtful Accounts Is a Contra Account to Accounts

Question 54

Question 54

True/False

The allowance for doubtful accounts is a contra account to accounts receivable and has a normal credit balance.

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