us.com/courses/33664/assignments/3431559?module_item_id=11166896 Home - Library Ser... 1. Alarmit recovered a $25,000 receivable from a customer whose account had been previously written off. 2. AlarmIT wrote off a receivable from a customer in the amount of $20,300. 3. AlarmIT recorded bad debts expense for the period totalling $53,600. The amount was determined based on an aging of accounts receivable 1. Statement of Income No Effect 0 Statement of Financial Position Increase in Cash 25,000 Increase in Allowance for Doubtful Accounts 25,000 Statement of Cash Flows Increase in Cash 25,000 2. Statement of Income No Effect 0 Statement of Financial Position Decrease in Accounts Receivable -20.300 Decrease in Allowance for Doubtful Accounts -20.300 Statement of Cash Flows No Effect 0 3. Statement of income Decrease in Income Before Taxes -53.600 Statement of Financial Position Decrease in Accounts Recevable Statement of Cash Flows No Effect e Textbook and Media 44 END- us.com/courses/33664/assignments/3431559?module_item_id=11166896 Home - Library Ser... 1. Alarmit recovered a $25,000 receivable from a customer whose account had been previously written off. 2. AlarmIT wrote off a receivable from a customer in the amount of $20,300. 3. AlarmIT recorded bad debts expense for the period totalling $53,600. The amount was determined based on an aging of accounts receivable 1. Statement of Income No Effect 0 Statement of Financial Position Increase in Cash 25,000 Increase in Allowance for Doubtful Accounts 25,000 Statement of Cash Flows Increase in Cash 25,000 2. Statement of Income No Effect 0 Statement of Financial Position Decrease in Accounts Receivable -20.300 Decrease in Allowance for Doubtful Accounts -20.300 Statement of Cash Flows No Effect 0 3. Statement of income Decrease in Income Before Taxes -53.600 Statement of Financial Position Decrease in Accounts Recevable Statement of Cash Flows No Effect e Textbook and Media 44 END