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 should have a credit balance of

Answer 1

Answer:

Rs. 19500

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