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Hello, I know I need to take the product of the % and the # of each row (the solution is $1,865), but do you
Hello, I know I need to take the product of the % and the # of each row (the solution is $1,865), but do you reduce to take the debit +$144 and subtract that number? Making it (1,721) or Cr 1721?
A confirmation of the final answer would be great.
Thanks.
This Question: 2 pts 19 of 25 (18 complete) Metro Roofing has given you the following information from its aging of Accounts Receivable. Using this information, determine the amount of the journal entry to record the estimated uncollectible accounts. Current 31-60 days 61 - 90 days 91 and up $22,500 5,800 2,900 1,200 4% uncollectible 7% uncollectible 11% uncollectible 20% uncollectible The current balance in Allowance for Doubtful Accounts is a $144 debit. O A. $2,009 O B. $1,721 OC. $1,865 OD. $144Step by Step Solution
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