Accountancy, asked by avitadanraj90, 1 year ago

What is receivable allowances?

Answers

Answered by ra020146737
1

The allowance for doubtful accounts is a reduction of the total amount of accounts receivable appearing on a company's balance sheet, and is listed as a deduction immediately below the accounts receivable line item. This deduction is classified as a contra asset account

Answered by MilanSijo
0
allowances which are recievale
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