Which of the Following Statements About the Allowance for Doubtful

question 50

Multiple Choice

Which of the following statements about the allowance for doubtful debts account is NOT true?

• A) The allowance for doubtful debts account is a contra asset account.
• B) Writing off an account as irrecoverable results in an expense.
• C) The expense from bad debts is effectively matched with the revenue to which it relates.
• D) When an account is written off as a bad debt,the net realisable value of accounts receivable is unchanged.

Understand subject-verb agreement.

Identify correct verb forms in different contexts.

Apply rules for singular and plural verb forms in sentences.

Comprehend the usage of verbs in present simple tense.

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A view mode in presentation software that displays thumbnails of all slides, allowing for easy rearrangement and management.

Move Up Button

A user interface element enabling the upward repositioning of items or elements within a listed order or hierarchy.

Text Pane

A specific area within a software interface dedicated to displaying and editing text content.

Signature Line

A designated space in a document where an individual’s signature is required as a form of verification.