Question: i need solution DIFF4. The following amounts are shown on the 2013 and 2012 financial statements of Salamander Co: Accounts receivable Allowance for bad debts
DIFF4. The following amounts are shown on the 2013 and 2012 financial statements of Salamander Co: Accounts receivable Allowance for bad debts Net sales Cost o goods sold 2013 2012 ? 470,000 20,000 10,000 2, 600W000 2.400,000 1,900,000 1,752,000 Salamander Co. 's accounts receivable turnover for 2013 5.5 times. What is the accounts receivable balance at December 31, 2013 ANSWER: P360,000 DIFFS. The following
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