1. Bert had accounts receivable of $370,000 and an allowance for doubtful accounts of $13,200 just before writing off as worthless an account receivable from Ernie Company of $2,900. After writing off this receivable what would be the balance in Bert's Allowance for Doubtful Accounts?

Multiple Choice

• $13,200 credit balance.

• $10,300 debit balance.

• $16,100 credit balance.

• $10,300 credit balance.