THC ACCOUTILS RA. Ulleet and Income Statement UUS Receivable (net)" in Exhibit 1-1 means the accounts receivable 2950.000 on the balance sheet is net of the allowance for bad debts. If the allowang debts is raised on the balance sheet, then bad debt expense (a.k.a. provision 1 accounts) on the income statement (a.k.a. statement of revenue and expense) also rises of these two accounts as a pair. au debts. If the allowance for bad Practice Exercise 11-11: Components of Balance Sheet and Income Statement Refer to Doctors Smith and Brown's balance sheet, where patient accounts receivable is stated at $40,000. Do you think this figure is net of an allowance for bad debts? Assignment Exercise 11-2: Components of Balance Sheet and Income Statement Refer to the Metropolis Health System (MHS) balance sheet and statement of revenue and xpense in the MHS Case Study appearing in Chapter 33. Patient accounts receivable of $7,400,000 s shown as net of $1,300,000 allowance for bad debts (8,700,000 - 1,300,000 = 7,400,000). 1) What percentage of gross accounts receivable is the allowance for had dah nce for bad debts is raised to $1,500,000, where does the extra $200,000 go? Example 11B: Components of Balance Sheet and Incom Land Exhibit 11-2's Westside Clinic statements. The "Property, Plant. h nennert nlant and equipment fig- THC ACCOUTILS RA. Ulleet and Income Statement UUS Receivable (net)" in Exhibit 1-1 means the accounts receivable 2950.000 on the balance sheet is net of the allowance for bad debts. If the allowang debts is raised on the balance sheet, then bad debt expense (a.k.a. provision 1 accounts) on the income statement (a.k.a. statement of revenue and expense) also rises of these two accounts as a pair. au debts. If the allowance for bad Practice Exercise 11-11: Components of Balance Sheet and Income Statement Refer to Doctors Smith and Brown's balance sheet, where patient accounts receivable is stated at $40,000. Do you think this figure is net of an allowance for bad debts? Assignment Exercise 11-2: Components of Balance Sheet and Income Statement Refer to the Metropolis Health System (MHS) balance sheet and statement of revenue and xpense in the MHS Case Study appearing in Chapter 33. Patient accounts receivable of $7,400,000 s shown as net of $1,300,000 allowance for bad debts (8,700,000 - 1,300,000 = 7,400,000). 1) What percentage of gross accounts receivable is the allowance for had dah nce for bad debts is raised to $1,500,000, where does the extra $200,000 go? Example 11B: Components of Balance Sheet and Incom Land Exhibit 11-2's Westside Clinic statements. The "Property, Plant. h nennert nlant and equipment fig
