Homework Answers
Answer:
Option (D) 7,000 is correct answer
Ending Balance Allowance for Bad Debt = Bad Debt Expenses -
Debit Balance of Allowance for Bad Debt
Note: Bad Debt Expenses = 7,000+1,700 = 8,700
Ending Balance of Allowance for Bad Debt = 8,700 -1,700
Ending Balance of Allowance for Bad Debt = 7,000
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