A company started the year with an allowance for receivables of $2,500.

A company started the year with an allowance for receivables of $2,500.

During the year, an $800 bad debt was written off and a debt of $350 that had been written off as bad in the previous year was received in full. At the year end the allowance for receivables was $2,300.

The charge in the income statement for the year in respect of bad debts is $