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the ledger for smith company art the beginning Of 2019 shows Acounts receivable $33,750, allowance for doubtful accounts $4,375. both accounts reflect the normal balance.
the ledger for smith company art the beginning Of 2019 shows Acounts receivable $33,750, allowance for doubtful accounts $4,375. both accounts reflect the normal balance. during the year Smith company reported credit sale's off $122,500 and collections Of. $111,875. Smith wrote off a total Of. $9,375 in uncollectible accounts receivable but was later able to recover $3,750. uncollectible accounts receivable are estimated to total $10,625 at the end of the period.
determine the ending balance in Accounts receivable:
determine the ending balance in allowance for doubtful accounts:
determine the bad debt expense for the period:
determine the net realizable value of the receivables at the end off the period:
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