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Cale Henituse Inc. uses the allowance method in accounting for Accounts Receivable. On November 9th they had Net Accounts Receivable of $440,000. On this day
Cale Henituse Inc. uses the allowance method in accounting for Accounts Receivable. On November 9th they had Net Accounts Receivable of $440,000. On this day They realize that one of their accounts, $1,200 owed from White Star Co., will be uncollectable. After writing off this amount, what would the Net Accounts Receivable of Cale Henituse Inc. be?
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