Which of the following is not true about the allowance for


Which of the following is not true about the Allowance for Doubtful Accounts?

It is a contra asset account.

It is used instead of reducing accounts receivable directly.

It is debited when uncollectible accounts are written off.

It is a liability account.

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Financial Accounting: Which of the following is not true about the allowance for
Reference No:- TGS01104470

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