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During the year, Bears inc, recortsed credit sales of $520000 . Before adjustments at year-end, Bears has accounts receivable of $340 , 000 , of
During the year, Bears inc, recortsed credit sales of $520000 . Before adjustments at year-end, Bears has accounts receivable of $340 , 000 , of which $54 , 000 is past due, and the airowance eccount hat a credit balance of $2 , 700 . Using the aging of receivablos method, what would be the adjustment assuring Bears expects it will not collect 6% of the amount not yet past due and 30% of the amount past due? Mublele choice Optib4 Gption at Ootione Option 0
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