Question
At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $129,000, and the balance in Allowance for Doubtful Accounts was $2,200. EZ Tech's
At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $129,000, and the balance in Allowance for Doubtful Accounts was $2,200. EZ Tech's sales in 2017 were $970,000, 70% of which were on credit. Collections on account during the year were $620,000. The company wrote off $4,000 of uncollectible accounts during the year. What is the stockholders equity?
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The Global Financial Crisis What Have We Learnt
Authors: Steven Kates
1st Edition
0857934228, 978-0857934222
