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Compute the new amount of allowance

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Question - The allowance for doubtful debts account had a balance of $2200 before bad debts of $1400 were written off and the allowance was adjusted to 10% of the accounts receivable balance of $20 000. Compute the New amount of allowance for doubtful debts that is deducted from accounts receivable in the balance sheet?

a. $1200.

b. $1400.

c. $2000.

d. $2200.

Reference no: EM132534635

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