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Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent inancial statements, Microsoft reported the following
Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent inancial statements, Microsoft reported the following information about net sales revenue and accounts recelvable (amounts in nillions). recoveries during the current rear. Required: 1. Using the following T-account for Allowance for Doubffit sccounts, what amount of bad debts was written off during the current rear? 2. Using the following T-account for Accounts Receivable oss), solve for cash collected from customers for the current year, assuming that all of Microsoft's sales during the period were on open account. Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year? (Enter your answers in millions not in dollars.) Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Microsoft's sales during the period were on open account. (Enter your answers in millions not in dollars.) Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent inancial statements, Microsoft reported the following information about net sales revenue and accounts recelvable (amounts in nillions). recoveries during the current rear. Required: 1. Using the following T-account for Allowance for Doubffit sccounts, what amount of bad debts was written off during the current rear? 2. Using the following T-account for Accounts Receivable oss), solve for cash collected from customers for the current year, assuming that all of Microsoft's sales during the period were on open account. Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year? (Enter your answers in millions not in dollars.) Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Microsoft's sales during the period were on open account. (Enter your answers in millions not in dollars.)
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