Question: On December 31 2014 Vale Company had an unadjusted credit

On December 31, 2014, Vale Company had an unadjusted credit balance of $1,000 in its Allowance for uncollectible accounts. An analysis of Vale’s trade accounts receivable at that date revealed the following:


Required:
What amount should Vale report as Allowance for uncollectible accounts in its December 31, 2014, balancesheet?
View Solution:


Sale on SolutionInn
Sales1
Views115
Comments
  • CreatedSeptember 10, 2014
  • Files Included
Post your question
5000