Business, 31.10.2019 03:31 malachilaurenc
The account called allowance for doubtful accounts - is deducted from accounts receivable on the balance sheet to compute cash realizable value. - is reported on the balance sheet as an offset against total current assets. - reduces net income reported on the income statement. - appears under the heading "other assets" on the balance sheet. - increases the net realizable value of accounts receivable reported on the balance sheet.
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