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Bend Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance
Bend 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 $ 800. During the year Bend wrote off uncollectible receivables of $ 2 comma 000. Bend recorded Bad Debts Expense of $ 3 comma 100. What is Bend's year-end balance in Allowance for Bad Debts? A. $ 5 comma 100 B. $ 1 comma 100 C. $ 3 comma 900 D. $ 1 comma 900
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