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ABB tools Data for the year ended Decembet 3 are possented below Sales(100 on credit) 2.100.000 Soles returns 150.000 Accounts Receive ble (December 31 20.000

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ABB tools Data for the year ended Decembet 3 are possented below Sales(100 on credit) 2.100.000 Soles returns 150.000 Accounts Receive ble (December 31 20.000 Allowance for Doubtful Accounts (Before adjustment ost December 31 2.5.000 Estimated amount of uncollected accorts based on ooing only 5000 Meter to AAB foods. If the company estimates its bad debts lat 40 of net credit soles, what amount will be repotted as bad debt expense: a $ 78,000 b) $50,ooo $84,000 d) $75,000 4, Goodwill can be recorded as an asset when acny al business has above notmal profitability compared to other business in its industry bloffer is recieved to purchase the business at a price in excess of the value of the assets c) business is purchased and payment is made in excess of the value of the net assets d) business can determine that it has created customer. goodwill ond name Recognition

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