Question: Back Corporation uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance

Back 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 $800. During the year

Back wrote off uncollectible receivables of $2,400. Back recorded Bad Debts Expense of

$2,800. What is Back's year-end balance in Allowance for Bad Debts?

Question content area bottom

Part 1

A.$ 5 comma 200

$5,200

B.$ 1 comma 200

$1,200

C.$ 3 comma 600

$3,600

D.$ 400

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