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Can i grt help please TB MC Qu. 7.87 (Algo) As of January 1, 2024, Farley Company had a credit.. As of January t 2024;
Can i grt help please TB MC Qu. 7.87 (Algo) As of January 1, 2024, Farley Company had a credit.. As of January t 2024; Farley Compary had a creda balence of $529,000 in its allowance for uncollectible accounts: Bssed on experfience, 2\% of Farley's credit soles thave been uncollectble During 2024. Farley wrote off $646,000 of accounts receivabie Credit sales for 2024 were 5 t9,300,000. In its December 31,2024, balance steet, what amount. should Farley report as allowance for uncolectible accounts? Matiole cheice $500000 1262.000 515000 $306.000
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