Business
Business, 12.11.2019 05:31, sarahbennett11p4yxlb

Accounts receivable $1,050,000allowance (90,000)cash realizable value $960,000during 2007 sales on account were $290,000 and collections on account were $172,000. also during 2007 the company wrote off $16,000 in uncollectible accounts. an analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $108,000.52. bad debts expense for 2007 isa. $ 34,000b. $ 18,000c. $108,000d. $ 2,000

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Accounts receivable $1,050,000allowance (90,000)cash realizable value $960,000during 2007 sales on a...

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