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Compute the new amount of allowance for doubtful debts

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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?

Reference no: EM132148269

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