What type of account is an Allowance for Doubtful Accounts?

A) Asset
B) Contra-asset
C) Revenue
D) Contra-revenue

Answer: B

Business

You might also like to view...

Identify the traditional mass media vehicles and identify some of the strengths and weaknesses of each type

What will be an ideal response?

Business

What tort has been committed when one party deceives another to obtain property from that innocent person?

A) Civil fraud B) Trespass C) Assault D) Misappropriation

Business