company is nike

Look in the Notes to the Financial Statements. What type of receivables does this company have? Imagine that this company makes a sale of its product. Describe a Enter joumal entry using proper form possible sales transaction and list the journal entry that the company would make to recognize the sale (assume the sale is on account.) For this assignment, ignore the cost of goods sold entry. Remember, each joumal entry has at least one debit and one credit. A. What name does the company call its allowance? A. B. Where in your company's 10K do you find this information? List the page number. B. A. What is the net amount of the company's account receivables? A. B. What is the amount of the allowance for uncollectible accounts? B. C. What is the gross amount of the company's account C. recelvables? D. What page did you find the allowance amount? (Note: Some companies may only report a "net amount. If your company only reports a net amount, write a statement explaining why the net amount is important to the user of the 10- K for parts B, C and D instead.)