Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 2.00

Shore Co

Shore Co. provides for doubtful accounts based on3% of credit sales. The following data are available for 2012.

Credit sales during 2012   $2,415,900
Allowance for doubtful accounts 1/1/12   17,000
Collection of accounts written off in prior years (customer credit was reestablished)   7,100
Customer accounts written off as uncollectible during 2012   37,300


What is the balance in Allowance for Doubtful Accounts at December 31, 2012

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Sep 2017 11:09 PM My Price 2.00

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