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Daniel Company had the following information in 2018 (Cick the icon to view the inforrmation.) if uncollectible accounts ane detemined by the aging-of-receivables method to
Daniel Company had the following information in 2018 (Cick the icon to view the inforrmation.) if uncollectible accounts ane detemined by the aging-of-receivables method to be $940, the uncolectible-account expense for 2018 would be $290 The balance of the Alowance account aher the auating entry at year-end 2018 would be S040 Using the aging-of-receivables mehod, the net realitable value of accounts receivable on the December 31, 2018, balance sheet would be OA S9.000 Data Table OB. $8,060 Oc. s660. OD. $2.040 Accounts ceceivable 12/31/18 9.000 Alowance for uncolectble-accounts credt balance 12/3/18 (before adjustmen) 6504 Credt service reverue duing 2018 42.000 Cash service nevenue dusing 2018. 9.000 Collections rom.customers on account during 2018 43.000 Print Done
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