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this is an accounts receivable problem. here is how my teacher reached solution but i still cannot understand. for example, why we did not put
this is an accounts receivable problem. here is how my teacher reached solution but i still cannot understand. for example, why we did not put 921900 as BB in allowance for bad debts T account? can anyone explain in an easy way? Home Comment Find D . Chot AR Practice Dal Solutions pdf - Fout Rander View for Protect Share Help Tell me what you at Chpt7_AR_Practice Dets... X x 70% 6. At the end of its first year of operations, December 31, 2017, Pike Inc. reported the following information: Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2017 Bad debt expense for 2017 $921,900 22,440 80,610 New What should be the balance in accounts receivable at December 31, 2017, before subtracting the allowance for doubtful accounts? 6) $980,070 Company Allowfu DA V * $921,000 Atr X=980,070 22 Beg. Bal 22,44080610 $1,002,510 - Allow (58,10 > 158,170 Net Realizable a Net A/R 921,900 write off Vale and De Allowfu DA 22,4442,440 Net Amount Expected to be collected Beat Patter. 80 C d. $1,024,950 - 229.59% - 1:48 PM Type here to search o e o
this is an accounts receivable problem. here is how my teacher reached solution but i still cannot understand. for example, why we did not put 921900 as BB in allowance for bad debts T account?
can anyone explain in an easy way?
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