What Type of Account Is a Bad Debts Expense

question 93

Multiple Choice

What type of account is a Bad Debts Expense?

• A) Asset
• B) Expense
• C) Contra Asset
• D) Liability

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Definitions:

Psychology Class

An educational course focused on the study of the mind, brain, and behavior.

Working Couples

Partners who both engage in paid employment outside the home.

Family

A fundamental social group typically consisting of one or more parents and their children, often considered a unit of community and societal structure.

Young Adulthood

A developmental phase following adolescence, typically covering the ages 18-40, focusing on forming intimate relationships, pursuing a career, and establishing a personal and financial identity.