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10 Using the percentage-of-sales method, what is the adjusted balance in the Allowance account at year-end 2013? 5 (5 Points) Use the following information to

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10 Using the percentage-of-sales method, what is the adjusted balance in the Allowance account at year-end 2013? 5 (5 Points) Use the following information to answer Questions 9 through 13. Neal Company had the following information relating to credit sales in 2013: $ 9.500 Accounts recei able December 31, 2013 Allowance for uncollectible accounts December 31, 2013 (before adjustment) Credit sales during 2013 Cash sales during 2013 Collections from customers on account during 2013. 900 46,000 15,000 49,500 a) $900 b) $920 LA CON O 3 10 Using the percentage-of-sales method, what is the adjusted balance in the Allowance account at year-end 2013? 5 (5 Points) Use the following information to answer Questions 9 through 13. Neal Company had the following information relating to credit sales in 2013: $ 9.500 Accounts recei able December 31, 2013 Allowance for uncollectible accounts December 31, 2013 (before adjustment) Credit sales during 2013 Cash sales during 2013 Collections from customers on account during 2013. 900 46,000 15,000 49,500 a) $900 b) $920 LA CON O 3

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