Question

Blimp Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Allowance for Bad Debts had a credit balance of $ 1 comma 100. During the year Blimp write off uncollectible receivables of $ 2 comma 100. Blimp recorded Bad Debts Expense of $ 2 comma 900. What is Blimps ​year-end balance in Allowance for Bad​ Debts

Answer 1

$1,900

Step-by-step explanation:

($1,100 - $2,100 + $2,900) = $1,900