Will someone help please?
Workshop 3 Problems Student Q Search Sheet Wrap Text AutoSum General $ % ) 0.00 Conditional Format Formatting as Table Cell Styles Insert Home Insert Page Layout Formulas Data Review View , Xcut Calibri (Body) - 12 - A- A = = = S Copy - Paste BI U DA = = Merge & Center Format G24 x fx C D E F G H I 1 3.4 Calculation of Accounts Receivable, Allowance for Doubtbul Accounts, Uncollectible Expense and Net Realizable Value 2 Directions: complete the following problems Points: 4 items @ 3 pts. Each = 12 points total Delete Format Clear Sort & Filter J K L M N o Pars Background Information: Sales on account: $300,000 Cash Sales: $580,000 Collections of accounts receivable: $275,000 Uncollectible accounts charged off during the year: $1,750 1% of sales on account will not be collected 11 a) 12 b) What is the accounts receivable balance on December 31, 2017? What is the ending balance of Allowance for Doubtful accounts at December 31, 2017 after all adjusting entries are posted? What is the amount of uncollectible accounts expense for 2017 What is the net realizable value of accounts receivable at December 31.2017 14 C) 15 d) 17 a) 18 b) 19 c) 20 d) Accounts Receivable Allowance for doubtful accounts Uncollectible accounts expense Net Realizable Value 22 Helpful Resources 24 Accounting for Uncollectiable Accounts AR Meaning 28 AR Video 1 30 AR Video 2 AR Video 3 Problem 3.1 Problem 3.2 Problem 3.3 Problem 3.4 Problem 3.5 Problem 3.6 + Ready @ - - + 100% Workshop 3 Problems Student Q Search Sheet Wrap Text AutoSum General $ % ) 0.00 Conditional Format Formatting as Table Cell Styles Insert Home Insert Page Layout Formulas Data Review View , Xcut Calibri (Body) - 12 - A- A = = = S Copy - Paste BI U DA = = Merge & Center Format G24 x fx C D E F G H I 1 3.4 Calculation of Accounts Receivable, Allowance for Doubtbul Accounts, Uncollectible Expense and Net Realizable Value 2 Directions: complete the following problems Points: 4 items @ 3 pts. Each = 12 points total Delete Format Clear Sort & Filter J K L M N o Pars Background Information: Sales on account: $300,000 Cash Sales: $580,000 Collections of accounts receivable: $275,000 Uncollectible accounts charged off during the year: $1,750 1% of sales on account will not be collected 11 a) 12 b) What is the accounts receivable balance on December 31, 2017? What is the ending balance of Allowance for Doubtful accounts at December 31, 2017 after all adjusting entries are posted? What is the amount of uncollectible accounts expense for 2017 What is the net realizable value of accounts receivable at December 31.2017 14 C) 15 d) 17 a) 18 b) 19 c) 20 d) Accounts Receivable Allowance for doubtful accounts Uncollectible accounts expense Net Realizable Value 22 Helpful Resources 24 Accounting for Uncollectiable Accounts AR Meaning 28 AR Video 1 30 AR Video 2 AR Video 3 Problem 3.1 Problem 3.2 Problem 3.3 Problem 3.4 Problem 3.5 Problem 3.6 + Ready @ - - + 100%
