Question: On December 3 1 , 2 0 2 0 , when its accounts receivable were $ 2 4 6 , 0 0 0 and its
On December
when its accounts receivable were $
and its Allowance for Doubtful Accounts had an unadjusted
debit balance of $
Toy Co Corp. estimated that $
of its accounts receivable account would become uncollectible, and it
recorded the bad debts adjusting entry. On May
Toy Co determined that Fei Ya Cheng's account was uncollectible and wrote
off $
On November
Cheng paid the amount previously written off. b what is the carrying amount of receievable on dcember may and novemeber aassume that the total amount of receievble is unchanged on these three dates except for any changes recorded above.
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