Question: Robson Co. has requested that you prepare a partial balance sheet on December 31, 2012, from the following: Cash, $115,000; Petty Cash, $60; Accounts Receivable,

Robson Co. has requested that you prepare a partial on December 31, 2012, from the following: Cash, $115,000; Petty Cash, $60; Accounts Receivable, $60,000; Bad Debts Expense, $40,000; Allowance for Doubtful Accounts, $12,000; Merchandise Inventory, $18,000.

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