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Which of the following is true? An allowance for doubtful accounts is a contra asset account and the normal balance is a credit. An allowance

Which of the following is true?

		An allowance for doubtful accounts is a contra asset account and the normal balance is a credit.
		An allowance for doubtful accounts is a contra asset account and the normal balance is a debit.
		An allowance for doubtful accounts is an expense account and the normal balance is a debit.
		An allowance for doubtful accounts is an expense account and the normal balance is a credit.

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