Is allowance for doubtful accounts a debit or credit.

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asked Jun 16, 2023 187k views

11 votes

Is allowance for doubtful accounts a debit or credit.

Business
high-school

Tieran asked

by Tieran

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1 Answer

7 votes

Answer:

credit

Step-by-step explanation:

because the allowance for doubtful accounts is a contra asset account

Not Sure answered Jun 21, 2023

by Not Sure

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