Question: Check my work 3 QS 7-6 (Algo) Reporting allowance for doubtful accounts LO P2 0.83 points On December 31 of Swift Co's first year, $51,000
Check my work 3 QS 7-6 (Algo) Reporting allowance for doubtful accounts LO P2 0.83 points On December 31 of Swift Co's first year, $51,000 of accounts receivable was not yet collected. Swift estimated that $2,100 of its accounts receivable was uncollectible and recorded the year-end adjusting entry 1. Compute the realizable value of accounts receivable reported on Swift's year-end balance sheet. 2. On January 1 of Swift's second year, it writes off a customer's account for $400. Compute the realizable value of accounts receivable on January 1 ofter the write-oft wo Before Written Anar Wi- Reblowe of accounts receivable
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