Allowance for doubtful accounts has a debit balance of 1200

Reference no: EM13604089

Allowance for Doubtful Accounts has a debit balance of $1,200 at the end of the year (before adjustment). The company prepares an analysis of customers' accounts and estimates the amount of uncollectible accounts to be $13,900. Which of the following adjusting entries is needed to record the Bad Debt Expense for the year?

Reference no: EM13604089

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