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Allowance for Doubtful Accounts is a: permanent account so its balance is closed (zeroed out) at the end of the accounting period temporary account so

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Allowance for Doubtful Accounts is a: permanent account so its balance is closed (zeroed out) at the end of the accounting period temporary account so Its balance carries forward to the next accounting period temporary account so its balance is closed (zeroed out) at the end of the accounting period permanent account so its balance carries forward to the next accounting period

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