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The balance of Allowance for Doubtful Debts Account on January 1, 2019 was OMR 50,000 (Cr). On January 15, 2019, bad debts of OMR 5,000
The balance of Allowance for Doubtful Debts Account on January 1, 2019 was OMR 50,000 (Cr). On January 15, 2019, bad debts of OMR 5,000 were written off. The estimated bad debt on December 31, 2019 was OMR 100,000. What will be the balance of Allowance Account on December 31, 2019 before making year-end adjustment
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