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  3. Study Set
    Financial Accounting Study Set 1
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    Exam 8: Receivables,Bad Debt Expense,and Interest Revenue
  5. Question
    The Allowance for Doubtful Accounts Account Is a Contra-Account That
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The Allowance for Doubtful Accounts Account Is a Contra-Account That

Question 86

Question 86

Multiple Choice

The Allowance for Doubtful Accounts account is a contra-account that offsets:


A) Bad Debt Expense.
B) Cash.
C) Net Income.
D) Accounts Receivable.

Correct Answer:

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