1.DebitCreditAccounts receivable$54,100Allowance for doubtful accounts$7,320Net

1.DebitCreditAccounts receivable$54,100Allowance for doubtful accounts$7,320Net

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1.DebitCreditAccounts receivable$54,100Allowance for doubtful accounts$7,320Net sales$1,279,7002.Amounts estimated to be uncollectible$ 183,680Accounts receivable1,793,800Allowance for doubtful accounts (per books)128,620The net realizable value3.Credit sales during 2017$4,244,100Bad debt expense57,800Allowance for doubtful accounts 1/1/1716,450Collection of accounts written off in prior years (customer credit was reestablished)7,250Customer accounts written off as uncollectible during 201732,230The balance in Allowance for Doubtful Accounts4.Accounts receivable, net of allowance for doubtful accounts$921,900Customer accounts written off as uncollectible during 201722,440Bad debt expense for 201780,610Accounts receivable, before deducting allowance for doubtful accounts5.DebitCreditNet credit sales$734,900Allowance for doubtful accounts$12,740Accounts receivable301,400The bad debt expense, as adjusted

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