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harra harra
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6 years ago
Refer to Table 9-13 to answer the following assuming that Davidson records uncollectible account expense at the end of the year using the aging method. At the end of the year, the aging analysis produces a figure of $700, being the estimate of uncollectible accounts at the end of year.

1.   What is the amount that should be recorded for bad debts expense?

2.   After the year-end entry to adjust the bad debts expense, what is the ending balance in the allowance for uncollectible accounts?

3.   After the year-end to adjust the bad debts expense, what is the ending balance of net    accounts receivable?
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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HanoiHanoi
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harra Author
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#2
6 years ago
Can't believe how you found this in the textbook, great answer.
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