net income in need at the end of the income statement
Allowance Method for Accounting for Bad Det At the beginning of 2017, Tech Commy's Accounts Recente blancs 144,000, and the balance Actor Accounts was 32.450. Esse 2017 were $1.000.000 of which were on Credit Collections on account duong the year were 100.000. The company w 4.000 notes during the Required 1. Identity and analyze the sales during 2017 Activity Accounts Statements How does this entry affect the accounting equation e financial statement item is not affected, select "No Entry and have the amount box blank. If the effect on a financial statement item negative, decrease be we to enter wwwer with a Balance Sheet Income Statement Stockholders' Assets Liabilities Equity Revenues Expenses NI Identify and analyze the transactions related to the collections of cash during 2017 Activity Accounts Statements) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry and love the amount box bank. If the effect on facilement motiv, decrease to enter the newer way Balance Sheet Income Statement Stockholders Assets Liabilities Equity revenues Expenses UN Identity and analyze the transactions related to the write-offs of accounts receivable during 2017 Activity Accounts katement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select 'No Entry and leave the amount box blank. If the act on a financial statement com is negative, L., a decres, be sure to enter the awer with a mi Remember if a contra account is increased, it will have the effect of decreasing the corresponding financial statement tom. If a contra account is decreased, wil have the effect of increasing the consong financial statement item Balance Sheet Income Statement Stockholders Assets Liabilities Equity Revenues Expenses 3. Identity the most recente to Act Acounts sutamente How does the trees If a financiamentos electro the amount to meet come we tower win menta con crema electromoting financement come the one Foral statement Balance Sheet Income statement Stockholder Asset Revenues Equity Identify and treatment to contratante e re MMY Account Statements How does this entry affect the engin ra financial station is not feed, selech Entry and the amount of the tectoninanciamentaminadece sure to enter the way Remember if a concis sad, it will have the effect of the corresponding financial statement to contact decreased the fect of the financial statement How does this entry affect the accounting If a financial statement item is not affected, select ylee the contbanketoscalettes, be sure to enter the car with Remember its contaccount is ressed in the election the compone franca estimat der wheet of creating the comedian financial statement item Balance Sheet Income Statement Stockholders Assets Liabilities Expen 3. What is the net realizable value of accounts recevable on December 31, 2017, unserca con part 2 Using the percentage of sales approach, then be vice of the Using the percentage of year-end receivables per the nature of the reces 5 the ner aarable value by the amount ecorded in bad and the The occount 4. The recognition of bad debes de the net realable wale