Question
[The following information applies to the questions displayed below.] The following selected financial information is available for three companies: Expo white. Zina Total sales $125,000
[The following information applies to the questions displayed below.]
The following selected financial information is available for three companies:
Expo white. Zina
Total sales $125,000 210,000 ?
Cash Sales. ? 26,000 120,000
Sales on account 40,000 ? 75,000
Accounts Receivable, 1/1 yr 2. 6,200 42,000 ?
Accounts Receivable Dec. 31, yr 2. 56,000 48,000 75,000
ADA Jan 1 year 2 ? ? 405
ADA DEC 31 YEAR 2 224 1,680 ?
Uncollectible account expense year 2. 242 1,200 395
Uncollectible acct write off 204 1,360 365
Collections of accounts Receviable year 2. ? ? 75,235
Determine the missing amounts for all companies.
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