Allowance for Doubtful Accounts | Calculations & Examples
https://www.patriotsoftware.com/blog/accounting/allowance-doubtful-accounts/
WEBNov 1, 2022 · An allowance for doubtful accounts, or bad debt reserve, is a contra asset account (either has a credit balance or balance of zero) that decreases your accounts receivable. When you create an allowance for doubtful accounts entry, you are estimating that some customers won’t pay you the money they owe.
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