Business, 06.09.2019 02:10 mmaglaya1

Allowance for doubtful accounts has a credit balance of $1,300 at the end of the year (before adjustment). the company prepares an analysis of customers’ accounts to estimate the amount of uncollectible accounts of $41,900. which of the following adjusting entries would be made to record the bad debt expense for the year? a. debit allowance for doubtful accounts, $40,600credit bad debt expense, $40,600b. debit allowance for doubtful accounts $43,200 credit bad debt expense, $43,200c. debit bad debt expense, $43,200 credit allowance for doubtful accounts, $43,200d. debit bad debt expense, $40,600 credit allowance for doubtful accounts, $40,600

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Allowance for doubtful accounts has a credit balance of $1,300 at the end of the year (before adjust...

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