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The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet. a. addition to accounts receivable b. deduction from accounts receivable c. addition to notes receivable d. deduction
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25 votes
25 votes
The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.

a. addition to accounts receivable
b. deduction from accounts receivable
c. addition to notes receivable
d. deduction from trading investments

User Bytebrite
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1 Answer

10 votes
10 votes
B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
User Pankaj Parashar
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