Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Resuelve con explicacin Petal Inc. es un contribuyente de base devengada. Petal utiliza el enfoque de antigedad para calcular la reserva para deudas incobrables. Durante

Resuelve con explicacin

Petal Inc. es un contribuyente de base devengada. Petal utiliza el enfoque de antigedad para calcular la reserva para deudas incobrables. Durante el 2015 se presentan asociados a insolvencias lo siguiente

Ventas a crdito 400000

Cobros en ventas a crdito 250000

Importe aadido a la reserva 10000

Saldo inicial en la reserva -0-

Deudas incobrables identificables durante 2015 12000

El importe de la deduccin por gasto incobrable de Petal para el ao 2015 es:

(a) $10000 (b) $12000 (c) $22000 (d) $140000 (e) Ninguno de estos

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing In The Public Sector Efficiency Economy And Program Results

Authors: James L. Savage, Felix Pomeranz, Alfred J. Cancellieri, Joseph B. Stevens

1st Edition

0882621238, 978-0882621234

More Books

Students also viewed these Accounting questions

Question

19. What is ubiquitous computing?

Answered: 1 week ago