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answer 12-15 Use the following to answer questions 12 - 15 At December 31, JV Co reported accounts receivable of $80,000 and an allowance for
answer 12-15
Use the following to answer questions 12 - 15 At December 31, JV Co reported accounts receivable of $80,000 and an allowance for uncollectible accounts of $375 (credit). An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. the amount of 12. $ Estimate uncollectible receivables: 13. $ When recording the adjusting entry for bad debt expense how much should Allowance for Uncollectible accounts credited? be 14. On January 10, a customer's account balance of $200 is written off as uncollectible. Record the write-off. > 15. $ _If Net Accounts receivable were $76,800 before the write-off, how much are Net Accounts receivable AFTER the write-off Step by Step Solution
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