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6:25 + Expert Q&A + Paste Format B I U .L . 3.4 Calculation of Accounts Receivable, Allowance for Doubtbul Account Directions: complete the following
6:25 + Expert Q&A + Paste Format B I U .L . 3.4 Calculation of Accounts Receivable, Allowance for Doubtbul Account Directions: complete the following problems Background information: Sales on account: $300,000 Cash Sales: $580,000 Collections of accounts receivable: $275,000 Uncollectible accounts charged off during the year: $1,750 1% of sales on account will not be collected a) b) What is the accounts receivable balance on December 31, 2017? What is the ending balance of Allowance for Doubtful accounts at ! all adjusting entries are posted? What is the amount of uncollectible accounts expense for 2017 What is the net realizable value of accounts receivable at Decembe d) a) b) d d) Accounts Receivable Allowance for doubtful accounts Uncollectible accounts expense Net Realizable Value Helpful Resources Accounting for Uncollectiable Accounts AR Meaning AR Video 1 AR Video AR Videos
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