Question by pimlico1825: If the credit balance of Allowance for Doubtful Accounts account exceeds the amount of a bad debt being writt?
If the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the entry to record the write-off against the allowance account results in
Best answer:
Answer by Viril Litty
A positive (or remainder) balance in the Allowance for Doubtful Accounts account – a Credit account.
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