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The Bad Debt Expense account is classified:

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The Bad Debt Expense account is classified:

The Bad Debt Expense account is classified:
A) as a contra-asset account
B) as part of cost of goods sold
C) as the cost to the seller of extending credit
D) deducted from Accounts Receivable account on the balance sheet

Textbook

Financial Accounting, Canadian Edition

Edition: 5^th

Authors: Harrison, Horngren, Thomas, Berberich, Seguin

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