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Buddy Company uses the allowance method lo account for uncollecible receivables. Ar the beginning of the year. Alowance for Ead Debs had a credt balance

Buddy Company uses the allowance method lo account for uncollecible receivables. Ar the beginning of the year. Alowance for Ead Debs had a credt balance of seoo. During the year Buddy. wrobe of uncolectale tecevebles of $2,200. Buddy feconded Bad Debts Expense of 52,600 . What is Buddy/s yeareend balance in Alowance for Bad Dobts? A. 54 B. $400 c. 53,400 D. 31,700

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