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multiple choice question After writing off bad debts of $1400 the allowance for doubtful debts account balance was $800 credit. What is the correct general
multiple choice question
After writing off bad debts of $1400 the allowance for doubtful debts account balance was $800 credit. What is the correct general journal entry to record an adjustment to bring the allowance for doubtful debts to 10% of accounts receivable of $20 0007 Select one a Debit bad debts expense $1200 credit accounts receivable 51200 b. Debit allowance for doubtful debts 51200, credit bad debts expense $1200 Debit bad debts expense $1200: credit allowance for doubtful debts 51200 d Debit allowance for doubtful debts 51200, credit accounts receivable 51200 Next pageStep by Step Solution
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