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Category > Business & Finance Posted 26 May 2017 My Price 8.00

DETERMINING BAD DEBT EXPENSE USING THE AGING METHOD

DETERMINING BAD DEBT EXPENSE USING THE AGING METHOD

At the beginning of the year, Tennyson Auto Parts had an accounts receivable balance of $31,800 and a balance in the allowance for doubtful accounts of $2,980 (credit). During the year Tennyson had credit sales of $624,300, collected accounts receivable in the amount of $602,700, wrote off $18,600 of accounts receivable, and had the following data for accounts receivable at the end of the period:

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Status NEW Posted 26 May 2017 05:05 PM My Price 8.00

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