I have a question on additional information no.2 . The question says allowance for doubtful debt was to be reduced TO 3450. Does that mean the final value for doubtful debt should be 3450 and not 1550? The 1550 should be in the adjustments (my argument).
It was reduced to not by.The difference is what we record on the adjusted trial balance.Thanks.
I have a question on additional information no.2 . The question says allowance for doubtful debt was to be reduced TO 3450. Does that mean the final value for doubtful debt should be 3450 and not 1550? The 1550 should be in the adjustments (my argument).