Question
The following table summarizes the activity in the allowance for doubtful accounts: (millions) 2020 2019 2018 Beginning balance $55.5 $52.4 $64.8 Bad debt expense (a)
The following table summarizes the activity in the allowance for doubtful accounts:
| (millions) |
| 2020 |
| 2019 |
| 2018 | |||||
| Beginning balance |
|
| $55.5 |
|
|
| $52.4 |
|
|
| $64.8 |
| Bad debt expense (a) |
|
| 62.0 |
|
|
| 21.5 |
|
|
| 13.7 |
| Write-offs |
|
| (33.2) |
|
|
| (18.4) |
|
| (26.1) | |
| Ending balance |
|
| $84.3 |
|
|
| $55.5 |
|
|
| $52.4 |
How much do customers actually owe Ecolab? Enter your answer as a whole number with one decimal point. No $ signs.
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Fundamentals Of International Financial Accounting And Reporting
Authors: Roger Hussey
1st Edition
9814280232, 9789814280235
