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Select the name of the contra asset account that is reported on the balance sheet to reduce accounts receivable to its estimated net realizable value.

Select the name of the contra asset account that is reported on the balance sheet to reduce accounts receivable to its estimated net realizable value. Select a Choice Below current question choices OptionA Accumulated depreciation OptionB Allowance for doubtful accounts OptionC Sales returns and allowances OptionD Discount on notes payable

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