A company has a credit allowance balance of $290, write offs of $80 to be record

ID: 2481252 • Letter: A

Question

A company has a credit allowance balance of $290, write offs of $80 to be recorded, and bad debt expense of $800 to be recorded. Once all entries are recorded, what is the balance in the allowance account?

A company has a credit allowance balance of $290, write offs of $80 to be recorded, and bad debt expense of $800 to be recorded. Once all entries are recorded, what is the balance in the allowance account?

A company has a credit allowance balance of $290, write offs of $80 to be recorded, and bad debt expense of $800 to be recorded. Once all entries are recorded, what is the balance in the allowance account?

Explanation / Answer

Credit Balance of Allowance 290 Less Write off to be recorded 80 Add Bad Debt Exp to be recorded 800 Ending Balance 1010

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A company has a credit allowance balance of $290, write offs of $80 to be record

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