Your business uses the allowance method to account for uncollectible receivables.
At the beginning of the year, Allowance for uncollectible accounts had a credit balance of $ 1 comma 500$1,500.
During the year you wrote off bad receivables of $ 2 comma 500$2,500and recorded Bad debt expense of $ 2 comma 300$2,300.
What is your year-end balance in Allowance for uncollectible accounts?
a. 1300
b. 4000
c. 2300
d. 3800