What should be the balance in the allowance for doubtful

Reference no: EM132696910

Problem 1: Seven Seas Company's estimated period-end uncollectible accounts are $45,000. If the balance of the Allowance for Doubtful Accounts is $6,000 debit before adjustment, what should be the balance in the allowance for doubtful accounts after adjustment?

Group of answer choices

Option 1: $51,000

Option 2: $45,000

Option 3: $6,000

Option 4: $39,000

Reference no: EM132696910

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