Allowance for Doubtful Accounts Has a Credit Balance of $2,000

question 3

Multiple Choice

Allowance for Doubtful Accounts has a credit balance of $2,000 immediately before the write-off of a $600 account receivable.The balance of Allowance for Doubtful Accounts immediately after the write-off is

• A) $600 debit.
• B) $1,400 credit.
• C) $1,400 debit.
• D) $2,600 credit.

---

Definitions:

Presenting Information

The act of delivering data, knowledge, or insights in a structured and understandable manner to an audience.

Wage Averages

The middle value of wages within a given group, providing an overview of compensation levels.

Textile Industry

The sector engaged in the production of fiber, fabric, and clothing, as well as the processing and distribution of these materials.

Informative Presentations

These are presentations aimed at educating the audience on a specific topic by providing relevant facts and data.