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The allowance for doubtful debts account had a balance of $2 200 before bad debts of $1 400 were written off and the allowance was
The allowance for doubtful debts account had a balance of $2 200 before bad debts of $1 400 were written off and the allowance was adjusted to 10% of the accounts receivable balance of $20 000. The new amount of allowance for doubtful debts that is deducted from accounts receivable in the balance sheet is: Select one: a. Not one of the options O b. $1200. O c. $1400. d. $2200. e. $2000
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