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 > Management Posted 17 Oct 2017 My Price 3.00

allowance for uncollectible accounts

Uncollectible accounts; solving for unknown

A company’s year-end balance in accounts receivable is $2,000,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $30,000. An aging of accounts receivable at the end of the year indicates a required allowance of $38,000. If bad debt expense for the year was $40,000, what was the amount of bad debts written off during the year?

 

 

 
 

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Maurice Tutor
(5)
Status NEW Posted 17 Oct 2017 07:10 PM My Price 3.00

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