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BelugaBeluga Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance
BelugaBeluga Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $ 1 comma 100$1,100. During the year BelugaBeluga wrote off uncollectible receivables of $ 2 comma 500$2,500. BelugaBeluga recorded Bad Debts Expense of $ 2 comma 700$2,700. What is Beluga'sBeluga's year-end balance in Allowance for Bad Debts?
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