The Allowance for Doubtful Accounts Is Shown Under

question 39

Multiple Choice

The Allowance for Doubtful Accounts is shown under

• A)Expenses on the income statement.
• B)Revenue on the income statement.
• C)Current Liabilities on the statement of financial position.
• D)Current Assets on the statement of financial position.

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Definitions:

Data Type

A classification that specifies the type of data a variable or object can hold in programming.

Long Text Field

A type of database field that can store extensive amounts of characters, suitable for paragraphs of text.

Store

Store commonly denotes a command or function in computing that involves saving data or information in a designated location.

Characters

The symbols, including letters, numbers, and punctuation marks, used in writing to construct words and sentences.