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    Financial Accounting Study Set 7
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    Exam 4: Cash and Receivables
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    What Category of Account Is the Allowance for Uncollectible Accounts
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What Category of Account Is the Allowance for Uncollectible Accounts

Question 1

Question 1

Multiple Choice

What category of account is the Allowance for Uncollectible Accounts account?


A) contra-asset account
B) contra-revenue account
C) contra-expense account
D) expense account

Correct Answer:

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