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If Jan. credit sales for Levine were $10428 and AR has a balance of $20670, the company believes 5% of credit sales or 20% of
If Jan. credit sales for Levine were $10428 and AR has a balance of $20670, the company believes 5% of credit sales or 20% of AR are uncollectible and Allowance for Doubtful Accounts has a credit balance on Jan. 1 of $5039 Note: you may not require all given information to answer.
If the company writes off $685 on January 10, by how much does the Net Realizable Value of Accounts Receivable change from before to after the write-off?
NOTE: you may not require all given information to answer.
Round ONLY your final answer to the nearest dollar.
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