An adjusting entry for bad debts will generally
A. increase an expense account and decrease an asset account.
B. increase an expense account and increase an asset account.
C. increase an expense account and increase a contra-asset account.
D. increase an expense account and increase a liability account.
Answer:C
An adjusting entry for bad debts will generally
A. increase an expense account and decrease an asset account. B. increase an expense account and increase an asset account. C. increase an expense account and increase a contra-asset account. D. increase an expense account and increase a liability account.