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16 Required information Part 3 of 3 The following information applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end

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16 Required information Part 3 of 3 The following information applies to the questions displayed below.] Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). 1.25 points Credit Sales for 2021 $259,000 Accounts Receivable, December 31, 2021 54,000 Allowance for Uncollectible Accounts, December 31, 2021 1,000 (debit) 3. Calculate the effect on net income (before taxes) and total assets in 2021 for each method. * Answer is complete but not entirely correct. Percentage of Receivables Method Percentage of Credit Sales Method Total assets Decreased by $ 5,400 x Decreased by $ 4,180 X Net income Decreased by 6,400 Decreased by 5, 180 Mc Graw Prey. 16 of 16 # Next ducation be here to search FEE

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