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Consider the following information for Paddy's locksmith: Allowance for Doubtful Accounts 12/31/19 $1700 Accounts written off during 2019 $900 Bad Debt Expense Desired Allowance account
Consider the following information for Paddy's locksmith:
Allowance for Doubtful Accounts 12/31/19 $1700
Accounts written off during 2019 $900
Bad Debt Expense
Desired Allowance account 12/31/20 $1850
What is the correct amount of bad debt expense to record during the year (ignore negative sign)?
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