sub= 26 Subject= Finance Need SOLUTION as soon as posible

5.4 The following information is taken from the 2010 annual report to shareholders of Hewlett-Packard (HP) Co. For Fiscal 2010 For Fiscal 2009 Provision for doubtful accounts Accounts receivable, net Accounts receivable, gross $ 156 million At Fiscal Year-end 2010 18,481 million 19,006 million $345 million At Fiscal Year-end 2009 16,537 million 17,166 million Required: a/ What is the balance in HP's allowance for doubtful accounts at the end of the fiscal years 2010 and 2009, respectively? b/ What kind of account is the provision for doubtful accounts in HP's financial statements? (Note: Provision for doubtful accounts is synonymous with bad debt expense; that is, the charge against income for estimated uncollectible accounts from credit sales in that period) c/ Using a T-account for the allowance for doubtful accounts, identify the amounts written off during the year 2010