The account Allowance for Uncollectible Accounts is closed at the end of the accounting period.

Name: The account Allowance for Uncollectible Accounts is closed at the end of the accounting period.
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The account Allowance for Uncollectible Accounts is a permanent account and is not closed at the end of the accounting period. It carries over its balance to the next period. The balance in this account is adjusted by making adjusting entries at the end of each period.

The Account Allowance for Uncollectible Accounts Is Closed at the End