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The following information is related to December 31, 2024 balances. During 2025 sales on account were $392000 and collections on account were $218000. The company
The following information is related to December 31, 2024 balances. During 2025 sales on account were $392000 and collections on account were $218000. The company wrote off $23100 in uncollectible accounts. An analysis of outstanding receivable accounts at year-end indicated that uncollectibles should be estimated at $145000. Bad debt expense for 2025 is: $145000. $61100. $14900. $38000
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Statutory Audits In Europe
Authors: Michael Kend, Giulia Leoni, Cristina Florio, Silvia Gaia
1st Edition
1032201738, 978-1032201733
