Business, 08.08.2019 22:30 bullockarwen
On january 1, year 2, kincaid company's accounts receivable and the allowance for doubtful accounts carried balances of $69,000 and $2,500, respectively. during the year kincaid reported $180,000 of credit sales. kincaid wrote off $1,600 of receivables as uncollectible in year 2. cash collections of receivables amounted to $210,100. kincaid estimates that it will be unable to collect one percent (1%) of credit sales. the amount of uncollectible accounts expense recognized in the year 2 income statement will be:
Answers: 2
Business, 22.06.2019 17:30
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Business, 22.06.2019 22:50
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Business, 23.06.2019 00:30
Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.
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On january 1, year 2, kincaid company's accounts receivable and the allowance for doubtful accounts...
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