Credit balance of allowance for doubtful accounts

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Reference no: EM13792301

Allowance for Doubtful Accounts has a credit balance of $1,000 immediately before the write-off of a $300 account receivable. The credit balance of Allowance for Doubtful Accounts immediately after the write-off is

$700.

$1,000.

$1,300.

$300.

Reference no: EM13792301

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