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Assume the following information for Splish Brothers Corp. Accounts receivable (beginnin balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts
Assume the following information for Splish Brothers Corp. Accounts receivable (beginnin balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written $143,000 11,470 950,000 902,000 5,500 2,300 Uncollectible accounts are expected to be 9% of the ending balance in accounts receivable. Assume the following information for Splish Brothers Corp. Accounts receivable (beginnin balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written $143,000 11,470 950,000 902,000 5,500 2,300 Uncollectible accounts are expected to be 9% of the ending balance in accounts receivable
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