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STEP 1: INPUTS Enter numbers in the yellow highlighted fields following the instructions. Accounts Receivable: Enter a number between 10,000 and 20,000 Allowance for Doubtful
STEP 1: INPUTS Enter numbers in the yellow highlighted fields following the instructions. Accounts Receivable: Enter a number between 10,000 and 20,000 Allowance for Doubtful Accounts: 3% of the A/R number is uncollectible Fixed Asset: Enter a number between 300,000 and 350,000 Useful Life: Enter a number of years between 4 and 8 Accounts Payable: Enter a number between 20,000 and 30,000 Notes Payable: Enter a number between 80,000 and 100,000 Bonds Payable: Enter a number between 30,000 to 50,000 (calculate 3% of your chosen A/R number) You will be calculating only 4 years of depreciation in Step 2, regara
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