2 Answers

Praaveen V R · Answer 1 · 2023-04-11T19:43:39+0000

$\sf\huge\orange{answer}$

Contra Asset

============================================

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable.

HOPE IT HELP

STAY SAFE

STUDY HARD

Please log in or register to add a comment.