Question

The following account balances come from the records of Stone Company:
During the accounting period, Stone recorded $21,000 of service revenue on account. The company also wrote off a $180 account receivable.
Required
a. Determine the amount of cash collected from receivables.
b. Determine the amount of uncollectible accounts expense recognized during the period.


$1.99
Sales0
Views121
Comments0
  • CreatedApril 20, 2015
  • Files Included
Post your question
5000