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Homework answers / question archive / Bert had accounts receivable of $300,000 and an allowance for doubtful accounts of $12,000 just before writing off as worthless an account receivable from Ernie Company of $1,500
Bert had accounts receivable of $300,000 and an allowance for doubtful accounts of $12,000 just before writing off as worthless an account receivable from Ernie Company of $1,500. After writing off this receivable what would be the balance in Bert's Allowance for Doubtful Accounts?
Multiple Choice (ID $12,000 credit balance. 0 $13,500 credit balance. 0 $10,500 credit balance. 0 $10,500 debit balance.
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