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Other Fields Homework Help Accounting Topic started by: tivo on Feb 20, 2017



Title: Piper, Inc. had credit sales for the period of $85,000. The balance in Allowance for Doubtful ...
Post by: tivo on Feb 20, 2017
Piper, Inc. had credit sales for the period of $85,000. The balance in Allowance for Doubtful Accounts is a debit of $817. How much will the credit be to Allowance for Doubtful Accounts if Piper uses the percent of credit sales method of estimating uncollectible accounts and they estimate that 5% of credit sales will be uncollectible?
A) $3,433
B) $4,291
C) $5,067
D) $4,250


Title: Re: Piper, Inc. had credit sales for the period of $85,000. The balance in Allowance for Doubtful ...
Post by: largerthanlife on Feb 20, 2017
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Title: Re: Piper, Inc. had credit sales for the period of $85,000. The balance in Allowance for Doubtful ...
Post by: tivo on Apr 10, 2017
Thank you for helping me with my accounting homework, will ask again