clayborn company expects that 12600 of its 420000 accounts receivable balance is uncollectible. the allowance for doubtful accounts before adjustment has a credit balance of 1400. the amount of the adjusting entry needed by clayborn is

QUESTION 47 A company had 8 units of inventory at a cost of $12 each in inventory on November 1. On November 2, the company purchased 13 units at $13 each. On November 6, the company purchased 9 units at $14 each. On November 8, the company sold 24 units for $57 each. Given this information, determine the cost of the 24 units sold using the LIFO periodic inventory O$336 O $442 $319 O $415 $307