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Evaluate the indicated function for and .
Contra-Revenue Account
An account that decreases the gross amount of revenue reported on the financial statements, such as sales returns, discounts, and allowances.
Bad Debts Expense
An expense reported on the income statement, representing the amount of accounts receivable that is not expected to be collected.
Partial Balance Sheet
A partial balance sheet presents only a section of a company's financial statements, typically focusing on either assets, liabilities, or equity at a specific point in time.
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