Allowance for Doubtful Accounts Represents

Multiple Choice

Allowance for Doubtful Accounts represents

A) cash set aside to make up for bad debts losses.
B) the amount of uncollectible accounts written off to date.
C) the difference between total sales made on credit and the amount collected from those credit sales.
D) the difference between the gross amount of accounts receivable and the net realizable value of accounts receivable.