Use the following information to calculate accounts receivable on July 31, 2018 and the amount of accounts

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Use the following information to calculate accounts receivable on July 31, 2018 and the amount of accounts receivable written off in 2018. Assume that all sales are oncredit:

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:01 AM

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Use the following information to calculate accounts receivable on July 31, 2018 and the amount of accounts

Question:

July 31 2018 2017 $S75,800 13,300) (300 Accounts receivable Allowance for uncollectible accounts Revenue recognized during 2018 Collections of accounts receivable during 2018 Bad debt expense for 2018 Amount of accounts receivable written off during 2018 350,000 375,000 3,500

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Cash Accounts receivable Allowance for uncollectable accounts Revenue ...View the full answer

Financial Accounting A Critical Approach

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