What Type of Account Is Allowance for Doubtful Accounts

question 42

Multiple Choice

What type of account is Allowance for Doubtful accounts?

• A) Asset
• B) Contra-asset
• C) Liability
• D) Expense
• E) Contra-sales

---

Definitions:

Macro-Level Sociology

The study of large-scale social processes and structures, examining how broad social forces shape collective human behavior.

Ethnomethodological Analysis

A sociological method that examines how people use everyday verbal and non-verbal cues to construct a shared social reality.

Applause

A traditional expression of praise or acknowledgment performed by the audible clapping of hands.

Mediation

A process of conflict resolution where a neutral third party assists disputing parties in reaching an agreement.