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please help, On December 31, 2020, when its accounts receivable were $336,000 and its Allowance for Doubtful Accounts had an uradjusted debit balance of $2,200,
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On December 31, 2020, when its accounts receivable were $336,000 and its Allowance for Doubtful Accounts had an uradjusted debit balance of $2,200, Oak Ridge Corp. estimated that $18,800 of its accounts receivable account would become uncollectible. and it recorded the bad debts adjusting entry. On May 11, 2021, Oak Ridge determined that Fel Ya Cheng's account was uncollectible and wrote of $2,100, On November 12 2021 Cheng paid the amount previously written of Your answer is incorrect What is the carrying amount of the receivables on (1) December 31, 2020 (2) May 11, 2021; and (3) November 12. 2021. assuming that the total amount of accounts receivable of $336,000 is unchanged on each of these three cotes except for any changes recorded above Carrying amount 21000 $ December 31, 2020 May 11, 2021 5 2100 November 12, 2021 2000Step by Step Solution
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