=+PR 9-3B Compare two methods of accounting for uncollectible receivables objs. 3, 4, 5 1. Year

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=+PR 9-3B Compare two methods of accounting for uncollectible receivables objs. 3, 4, 5

✔ 1. Year 4: Balance of allowance account, end of year,

$13,700 436 Chapter 9 Receivables Year of Origin of Accounts Receivable Written Uncollectible Accounts Off as Uncollectible Year Sales Written off 1st 2nd 3rd 4th 1st $ 680,000 $2,600 $2,600 2nd 800,000 3,100 2,000 $1,100 3rd 1,000,000 6,000 750 4,200 $1,050 4th 2,000,000 8,200 1,260 2,700 $4,240 Instructions

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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