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What should be the balance of allowance for doubtful account

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Question - At the end of 2011, using aging of accounts receivable, Hammon estimated that it needs $2,000 in allowance for doubtful account, and it had $400 previous credit balance from 2010. What should be the balance of allowance for doubtful account after necessary adjusting entries?

a. $1,600

b. $2,000

c. $2,400

d. $1,100

Reference no: EM133065753

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