debit or credit? accounts payable unearned revenue prepaid expense repairs and maintenance expense decrease in notes payable  decrease in accounts receivable

Allowance for Bad Debts is what kind of account? Fill in the blank???????????

1.    When using the Allowance method to account for uncollectible accounts, between the income statement approach and the balance sheet approach, which is more accurate in your opinion? Fully support your answer with sound research. 2.    Can the Allowance account be used to misinterpret a company's financial results? How so? Provide at least one example of how a company might accomplish this. 3.    Suppose a company accepts a Note Receivable in lieu of an Accounts Receivable. How would the company record this transaction? Provide an example and related journal entry. (You may not use the examples from the textbook.)  

Question By restricting credit, and granting short maturities to speed up accounts receivable turnover, sales may decrease. True or false?