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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y
Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y and 20Y. Round answers to one decimal place. 20Y8: X 20Y9: X b. Determine the days' sales in receivables for 20Y and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: days 20Y9: days Adjustment for Uncollectible Accounts Below is the aging of receivables schedule for Evers Industries. Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31 . Journalize the adjusting entry for uncollectible accounts as of July 31 . If an amount box does not require an entry, leave it blank. Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31 . Journalize the adjusting entry for uncollectible accounts as of July 31 . If an amount box does not require an entry, leave it blank. Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y and 20Y. Round answers to one decimal place. 20Y8: X 20Y9: X b. Determine the days' sales in receivables for 20Y and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: days 20Y9: days Adjustment for Uncollectible Accounts Below is the aging of receivables schedule for Evers Industries. Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31 . Journalize the adjusting entry for uncollectible accounts as of July 31 . If an amount box does not require an entry, leave it blank. Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31 . Journalize the adjusting entry for uncollectible accounts as of July 31 . If an amount box does not require an entry, leave it blank
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