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If the Allowance for Doubtful Accounts on January 1 Equals

Question 230

Multiple Choice

If the Allowance for Doubtful Accounts on January 1 equals $10,000 and during the year $11,000 of specific customers' accounts were written off,then its Allowance for Doubtful Accounts will have an unadjusted balance of:


A) $1,000 credit.
B) $1,000 debit.
C) $10,000 credit.
D) $9,000 debit.

Correct Answer:

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