A debit balance in the Allowance for Doubtful Accounts A. is the normal balance for that account. B. indicates that actual bad debt write-offs have been less than what was estimated. C. cannot occur if the percentage of receivables method of estimating bad debts is used. D. indicates that actual bad debt write-offs have exceeded previous provisions for bad debts
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Home » Business » A debit balance in the Allowance for Doubtful Accounts A. is the normal balance for that account. B. indicates that actual bad debt write-offs have been less than what was estimated. C.