Question
here is information related to cull umber company for 2022 total credit sales $1,400,000 accounts receivable at December 31 is $825,000 uncollectible written off $31,000
here is information related to cull umber company for 2022 total credit sales $1,400,000 accounts receivable at December 31 is $825,000 uncollectible written off $31,000
what amount of bad debit expense will cull umber company report if it uses the direct write off method of accounting for uncollectible
assume that cullumber company uses the percentage off receivables basis to record bad debt expense and concludes that 5% of accounts receivable will become uncollebables what amount of bad debt expense will the company record if allowance for doubtfull accounts has a credit balance of 2500
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