Question

The Allowance for Doubtful Accounts
account has a year-end credit balance, prior to
adjustment, of Rs. 450. The bad debts are
estimated at 3% of Rs 6,50,000, the net credit
sales. After the appropriate adjusting entry for
bad debts, the Allowance for Doubtful Accounts
: a
should have a credit balance of
(a) Rs.19,500
(b) Rs.19,950
(c) Rs. 19,050
(d)
Rs.20,400​

Answer 1

Answer:

(a)Rs.19500 is the right answer ok friend

Answer 2

Answer:

option (a) Rs. 19500

I hope its helpful