Question: please please help me answer this question in 20mins need it for my quiz not sure i have correct answers. Thank you. Warner Company's year-end
Warner Company's year-end unadjusted trial balance shows accounts receivable of $100,000, debit balance in allowance for doubtful accounts of $680, and sales of $360,000. Ending balance in uncollectibles are estimated to be 1.5% of accounts receivable. Required: What is the Bad Debt Expense for the year? Question 3 1 pts On 4/1 BLT Corp sells equipment (which cost them $45,000 ) to a customer in exchange, for a $70,000 note receivable with 12% interest, that matures in two years. What is the total revenue (sales \& interest revenue) reported from this transaction on 4/30
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