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The Allowance for Doubtful Accounts: -Is a contra asset account. -Is used instead of reducing accounts receivable directly. -Is debited when uncollectible accounts are written

The Allowance for Doubtful Accounts:

-Is a contra asset account.

-Is used instead of reducing accounts receivable directly.

-Is debited when uncollectible accounts are written off.

-All are correct.

-Is credited when bad debts expense is estimated and recorded.

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