Based on the following information, which statements is correct: Allowance for doubtful debts 25/10 72 14,230 01/10 Opening balance 14,400 31/10 Closing balance 5,496 31/10 ?? 5,326 19,726 19,726 01/11 Opening balance 5,496 Select one: O a. Bad debts written off equal $5,326; Bad debts expense equals $14,230 O b. Bad debts written off equal $14,230; Bad debts expense equals $5,326 O c. Bad debts written off equal $14,230 + $5,326 = $19,556 O d. Bad debts expense equals $14,230 + $5,326 = $19,556 A 7.2 Auditing and..pdf 2 7.1 Financial Rep....pdf