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Both a and b And c please please Renue Spa had the following balances as of December 3 1 , Year 1 : Accounts receivable
Both a and b And c please please Renue Spa had the following balances as of December Year : Accounts receivable was $ allowance for doubtful accounts was $ and total retained earnings at the end of Year was $
During Year the company experienced the following events:
Accounts receivable in the amount of $ were written off as uncollectible.
Collected $ of receivables that had been written off in a previous accounting period.
Provided $ worth of services on account during Year
Cash collections from receivables were $ during Year
Uncollectible accounts expense was estimated to be percent of the sales on account for the period.
Required
a Organize the information in accounts under an accounting equation.
b Based on the preceding information, compute after yearend adjustment:
Balance of allowance for doubtful accounts at December Year
Balance of accounts receivable at December Year
Net realizable value of accounts receivable at December Year
c What amount of uncollectible accounts expense will Renue Spa record for Year
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ReqA
Req and
Based on the preceding information, compute after yearend adjustment:
b Balance of allowance for doubtful accounts at December Year
b Balance of accounts receivable at December Year
b Net realizable value of accounts receivable at December Year
c What amount of uncollectible accounts expense will Renue Spa record for Year
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