Purchase Solution

Allowance for collectable accounts - definition

Not what you're looking for?

Ask Custom Question

The allowance for collectable accounts is a(n):
A. Asset
B. Contra Current Asset
C. Expense
D. Contra Revenue

Purchase this Solution

Solution Preview

Hi there,
<br>
<br>Your answer is B. Here is some extra info about the allowance for doubtful accounts. It refers to an estimation ...

Purchase this Solution


Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.