A business makes a allowance for doubtful accounts equal to 0.05 of its account receivables. At...
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A business makes a allowance for doubtful accounts equal to 0.05 of its account receivables. At 30 April 2020 the allowance for doubtful accounts was $850 At 30 April 2021 the net account receivable were $17100. How much is the increase in the allowance for doubtful accounts for the year ended 30 April 2021? A business makes a allowance for doubtful accounts equal to 0.05 of its account receivables. At 30 April 2020 the allowance for doubtful accounts was $850 At 30 April 2021 the net account receivable were $17100. How much is the increase in the allowance for doubtful accounts for the year ended 30 April 2021?
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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