balance. A contra asset account has a normal a. Cannot determine. b. debit c. credit GAAP requires: accounts receivable be shown net of the allowance of doubtful accounts on the balance sheet. accounts receivable be shown net of the allowance of doubtful accounts on the income statement gross accounts receivables to be shown on the balance sheet. gross accounts receivables to be shown on the income statement. When recording sales by credit cards that charge a fee: (check all that apply) a. Inventory will be increased b. A credit to sales will be in the journal entries. c. a debit to cost of goods sold will be included in the journal entries. d. The cash amount and sales amount in the journal entries will be the same dollar amount