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QUESTION 1: For customer C2036, does she/he have any balance that is not overdue and the corresponding dollar amount? A. Yes, the amount is $763
QUESTION 1:
For customer C2036, does she/he have any balance that is not overdue and the corresponding dollar amount?
A. | Yes, the amount is $763 | |
B. | No, the amount is $0 | |
C. | The information is not available | |
D. | Yes, the amount is $23,038 |
If your team determines that the estimate percentage uncollectible for Less than 30 days is 10% and for More than 180 days is 50%, what is the required balance in Allowance for Doubtful Accounts?
A. | $178,775 | |
B. | $55,947 | |
C. | $17,878 | |
D. | $56,179 |
*Thanks in advance!!
G-9 E F Customer 40K C1036 Value 20K 7,184 0 0 0 0 32,478 C1282 Value 40K 20K 0 0 0 0 40K C1423 Value 17,635 20K 0 0 0 0 40K 23,038 C1671 Value 20K 0 o 0 0 40K C2036 Value 20K 763 0 o 0 0 40K 23,562 C2274 Value 20K 0 0 0 40K 32,229 C3168 Value 20K 0 0 0 0 40K C9591 Value 20K 10,840 0 0 0 0 40K 31,046 C9917 Value 20K 0 0 Less than 30 days 31 To 60 Days 61 TO 90 Days 91 To 180 Days More Than 180 DaysStep by Step Solution
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