Business, 20.11.2019 02:31 aleilyg2005
Cook co. determined that the net value of its accounts receivable at december 31, 20x4, based on an aging of the receivables, was $235,000. additional information is as follows:
a. allowance for uncollectible accounts - 1/1/x4
$40,000
b. uncollectible accounts written off during 20x4
$22,000
c. uncollectible accounts recovered during 20x4
$8,000
d. accounts receivable at 12/31/x4
$270,000
how much was recognized as bad debt expense?
Answers: 1
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Cook co. determined that the net value of its accounts receivable at december 31, 20x4, based on an...
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