Question

Sun’s ledger shows the following account balances on December 31:
During 2013, Sun wrote off $12,500 of uncollectible accounts receivable, and reinstated $1,500 of previously written-off accounts receivable.
Requirements
1. Calculate the bad debt expense for 2013.
2. Calculate cash collections from accounts receivable assuming that all sales were on credit.


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  • CreatedJuly 08, 2015
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