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What is the year-end adjustment to doubtful accounts expense

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Question - On December 31, 2022, Sohee company estimated the allowance for doubtful accounts using the year-end aging of accounts receivable. The following data for are available:

Allowance for doubtful accounts, 1/1/22 250,000

Provision for uncollectible accounts recorded during 2022 (2% on credit sales of P30,000,000)

600,000 Uncollectible accounts written off 150,000

Recovery of accounts previously written off 80,000

Estimated uncollectible accounts per aging, 12/31/22 900,000

What is the year-end adjustment to doubtful accounts expense?

Reference no: EM132991462

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