Question

During its first year of operation in 2014, Browne Sales Corporation made most of its sales on credit. At the end of the year, accounts receivable amounted to $199,000.
On December 31, 2014, management reviewed the collectible status of the accounts receivable. Approximately $16,500 of the $199,000 of accounts receivable were estimated to be uncollectible. What adjusting entry would be made December 31, 2014?



$1.99
Sales2
Views184
Comments0
  • CreatedMarch 26, 2014
  • Files Included
Post your question
5000