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on December 1 accounts receivable has a debit balance of $6100 and allowance for bad debt has a credit balance of $220. On December 31

on December 1 accounts receivable has a debit balance of $6100 and allowance for bad debt has a credit balance of $220. On December 31 the company determined it could not collect $75 from charter company and wrote it off using the allowance method. What is the balance in allowance for bad debts on December 31?

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