Question
Robbins Company has given you the following information from its aging of Accounts Receivable. Using this ? information, determine the amount of the journal entry
Robbins Company has given you the following information from its aging of Accounts Receivable. Using this? information, determine the amount of the journal entry to record the estimated uncollectible accounts.
Current | $24,500 | 11?% uncollectible | |
31?60 days | ,400 | 10?% uncollectible | |
61?90 days | ,300 | 17?% uncollectible | |
91 and up | ,700 | 32?% uncollectible |
The current balance in Allowance for Doubtful Accounts is a $948 credit.
A.
$948
B.
$1,142
C.
$3,038
D.
$2,090
?Bob's Bakery made a basket purchase involving four assets. Their market values were?
A: $50,000?;
?B:
$46,000
?C:
$48,000?;
and?
D:
$56,000.
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