The Allowance for Doubtful Accounts is shown on the balance sheet.

Name: The Allowance for Doubtful Accounts is shown on the balance sheet.
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Question

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The Allowance for Doubtful Accounts is a contra-asset account that is used to offset the accounts receivable account on the balance sheet. It represents the estimated amount of accounts receivable that may not be collected. Therefore, it is shown on the balance sheet as a deduction from accounts receivable.

The Allowance for Doubtful Accounts Is Shown on the Balance