4. On January 1, 2013, Malice Company's allowance for doubitul accounts had a credit balance of P300,000. During the current year, the entity charged P650,000 to doubtful account expense, wrote oft P450 000 of uncollectible accounts receivable and unexpectedly recovered P100.000 of bad debts willen off in the prior year. What is the tallowance for doubtful accounts on December 31, 2013 a 500,000 b. 600,000 650,000 d. 950,000