Flimsys accounts receivable at the end of 2019 totalled $78 490. The allowance for doubtful debts had

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Flimsy’s accounts receivable at the end of 2019 totalled $78 490. The allowance for doubtful debts had been $2310, but it was decided that this would be increased by $1560, then $1100 in unrecoverable accounts would be written off.

i. What is the value of the receivables at the end of 2019?

ii. What is the balance of the allowance for doubtful debts at the end of 2019?

iii. What is the bad debts expense for 2019?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

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Question Posted: Aug 20, 2023 06:48 AM

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Flimsys accounts receivable at the end of 2019 totalled $78 490. The allowance for doubtful debts had

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Financial Accounting An Integrated Approach

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