Allowance for Doubtful Accounts Has a Credit Balance of $1,000

Multiple Choice

Allowance for Doubtful Accounts has a credit balance of $1,000 immediately before the write-off of a $300 account receivable.The credit balance of Allowance for Doubtful Accounts immediately after the write-off is

A) $700.
B) $1,000.
C) $1,300.
D) $300.