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can you please show work so I can undertand how to do it. thank you. :) Use the following to answer questions 8-11 The following
can you please show work so I can undertand how to do it. thank you. :)
Use the following to answer questions 8-11 The following information pertains to the company for the month of November: Credit sales $825,000 Accounts payable 25,000 -- Accounts receivable 45,000 ---Allowance for Uncollectible accounts 200 credit Cash sales 200,000 The company uses the percent of receivables method and estimates it will not collect 7% of accounts receivable. 8. $4430Determine the ending balance for the Allowance for Uncollectible Accounts A50800-20 2. $3150 Determine the appropriate amount to record for Bad Debt expense 45000X 0.0 10. $ Assuming the Allowance for Uncollectible accounts had a $100 debit balance instead, determine the amount to record for Bad Debt expense 11. $ After recording bad debt expense the Net Accounts Receivable is Step by Step Solution
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