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help asap please On December 1, Accounts Receivable has a debit balance of $5,000 and Allowance for Bad Debts has a credit balance of $130.
help asap please 
On December 1, Accounts Receivable has a debit balance of $5,000 and Allowance for Bad Debts has a credit balance of $130. On Decomber 31, the company determined it could not collect $40 from King Company and wrote if off using the allowance method. What is the balance in Allowance for Bad Debts on December 312 O A $170 OB. $90 OC. $4,960 OD. $5,040 Step by Step Solution
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Fraud Auditing And Forensic Accounting
Authors: Tommie W. Singleton, Aaron J. Singleton, G. Jack Bologna, Robert J. Lindquist
3rd Edition
0471785911, 978-0471785910
