. Problem 9.6 Accounts Receivable from page 552: various financial statement elements: Iincreases;Ddecreases; NEno effect. Assets Liabilities Shareholders Equity Net Income A credit sale Increase
. Problem 9.6 Accounts Receivable from page 552:
various financial statement elements: Iincreases;Ddecreases; NEno effect.
|
|
Assets |
Liabilities | Shareholders Equity |
Net Income |
| A credit sale | Increase | NE | Increase | Increase |
| Collection of a portion of accounts receivable |
decrease |
NE | NE
| NE
|
| Estimate of bad Using the following key, identify the effects of thefollowing transactions or conditions on the debts | Decrease | Increase |
| D |
| Write-off of a specific uncollectible account |
decrease | NE
| Decrease
| Decrease
|
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Authors: CA G. Sekar, CA B Saravana Prasath
18th Edition
9390303087, 978-9390303083
