Question
answer both questions. 1-A companys year-end balance in accounts receivable is $2,500,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $41,000. An
answer both questions.
1-A companys year-end balance in accounts receivable is $2,500,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $41,000. An aging of accounts receivable at the end of the year indicates a required allowance of $49,000. | |
If bad debt expense for the year was $51,000, what was the amount of bad debts written off during the year? Bad debt written of?
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