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Another account will receive a "credit" entry, meaning the amount will be (You can refer to the company's chart of accounts to select the proper accounts}.
chart of account is a chart
Other Debtors account
On a chart of accounts mostly.
It is a cost account because it is in the cost of merchandise division in the chart of accounts.
assets liability owners' equity income expense account
Sales
asset
The purpose of the chart of accounts is so that the correct account is used within the accounting system of a business. Certain businesses may have different names for cash, capital, and other accounts.
yes
yes
Recording an allowance for doubtful accounts can vary depending on the chart of accounts for the specific place of business. Usually to record an allowance for a doubtful account is to debit revenue and credit the write off account.