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3. Show how First Data would report its accounts receivable on a comparative balance sheet for 2016 and 2017. At December 31, 2016, the company's
3. Show how First Data would report its accounts receivable on a comparative balance sheet for 2016 and 2017. At December 31, 2016, the company's Accounts Receivable balance was $212,000 and the Allowance for Uncollectible Accounts stood at $4,200. Q2. The following data has been gathered for Ludlow Inc. for the month ended November 30, 2018: The bank statement reveals a balance of $3,500 The November 30, 2018, book balance was $1,300 There was an EFT deposit of $1,000 on the bank statement for a rental property. The bookkeeper had erroneously recorded cheque #101 as $435 cheque instead of $453. The cheque was to settle accounts payable. The bank statement revealed $120 in service charges. Cheques #103, #105, #115 and #133 for $50, $885, $681 and $32 were not returned with the bank statement. COM200. CHONCU 2020 F Dut on October Aneth A deposit made on November 17, 2018, for $350 did not appear on the bank statement. A deposit of $1,500 made on November 10 was erroneously credited to Taylor Enterprises account by the bank for $1,050. A bank debit memo indicated an NSF cheque from a customer for $100
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