Business, 15.04.2020 17:34 doritasanchez
Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are available for 2014.
Credit sales during 2014 $2,422,900
Allowance for doubtful accounts 1/1/14 18,100
Collection of accounts written off in prior years (customer credit was reestablished) 9,200
Customer accounts written off as uncollectible during 2014 31,500
What is the balance in Allowance for Doubtful Accounts at December 31, 2014?
Answers: 2
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Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are availab...
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