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Ruddy Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance

Ruddy Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $1,400. During the year Buddy Corporation wrote off uncollectible receivables of $2,200. Buddy Corporation recorded Bad Debts Expense of $2,600. What is Buddy Corporation's year-end balance in Allowance for Bad Debts? OA. $1,800 OB. $4,000 OC. $4,800 OD. $400

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