01-04-2019
Business

contestada

What is the normal balance for the allowance for doubtful accounts (debit or credit), and why?

Respuesta :

MrsSeifried MrsSeifried

02-04-2019

The allowance for doubtful accounts has a normal credit account.

This account is a contra-asset account. Since assets have a normal debit balance, this account would have a normal credit balance.

Answer Link

Otras preguntas

The place where the most unintentional injuries occur is:

This is from the book extremely loud and incredibly close

Gonna need help on this too. =/

help! PLEASE answer this!

What are two factors that cause desertification

Identify the statements that CORRECTLY describe the Election of 1876.

- Summarize the process of DNA replication and explain the significance of this process.

PLSAZE HELP ASAP!! Nobles had to pay most of the taxes. true or false?

The Sun's chromosphere contains many jet-like projections that stick up into the transition region. These spikes of gas are called: coronae spicules plages flar

Mrs. Patel is planting a winter garden. She buys 25 plants that cost a total of $101. If cabbage plants are $3 and broccoli plants are $5. Which model below des