4. At the end of its first year of operations, December 31, 2025, Wildhorse Inc. reported...
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4. At the end of its first year of operations, December 31, 2025, Wildhorse Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts $867,500 Customer accounts written off as uncollectible during 2025 24,140 Bad debt expense for 2025 90,280 What should be the balance in accounts receivable at December 31, 2025, before subtracting the allowance for doubtful accounts? Accounts receivable, before deducting allowance for doubtful accounts $ 4. At the end of its first year of operations, December 31, 2025, Wildhorse Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts $867,500 Customer accounts written off as uncollectible during 2025 24,140 Bad debt expense for 2025 90,280 What should be the balance in accounts receivable at December 31, 2025, before subtracting the allowance for doubtful accounts? Accounts receivable, before deducting allowance for doubtful accounts $
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Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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