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The account Allowance for Uncollectible Accounts is classified as a ( n ) : Multiple Choice Contra revenue to credit sales in the income statement

The account "Allowance for Uncollectible Accounts" is classified as a

(

)

: Multiple Choice Contra revenue to credit sales in the income statement Contra asset to accounts receivable in the balance sheet Liability account in the balance sheet. Expense in the income statement.

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