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    Fundamentals of Financial Accounting Study Set 2
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    Exam 8: Receivables, bad Debt Expense, and Interest Revenue
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    The Allowance for Doubtful Accounts Is a Contra-Asset Account
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The Allowance for Doubtful Accounts Is a Contra-Asset Account

Question 31

Question 31

True/False

The allowance for doubtful accounts is a contra-asset account.

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