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Bert had accounts receivable of $295,000 and an allowance for doubtful accounts of $11,700 just before writing off as worthless an account receivable from Ernie
Bert had accounts receivable of $295,000 and an allowance for doubtful accounts of $11,700 just before writing off as worthless an account receivable from Ernie Company of $1,400. After writing off this receivable what would be the balance in Bert's Allowance for Doubtful Accounts? $11,700 credit balance. $10,300 debit balance. $13,100 credit balance. $10,300 credit balance
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