6. Bad debt is which type of
account?
personal
real
Nominal
Answers
Answered by
0
Explanation:
A company will debit bad debts expense and credit this allowance account. The allowance for doubtful accounts is a contra-asset account that nets against accounts receivable, which means that it reduces the total value of receivables when both balances are listed on the balance sheet.
Answered by
1
Answer:
bad debt is real type of account
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