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Business, 20.12.2019 20:31 archersmithdrag

Gekko, inc. reported the following balances (after adjustment) at the end of 2008 and 2007.

12/31/2008 12/31/2007
total accounts receivable p105,000 p96,000
net accounts receivable 102,000 94,500

during 2008, gekko wrote off customer accounts totaling p3,200 and collected p800 on accounts written off in previous years. gekko's doubtful accounts expense for the year ending december 31, 2008 is

(a) p1,500.
(b) p2,400.
(c) p3,000.
(d) p3,900.

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Gekko, inc. reported the following balances (after adjustment) at the end of 2008 and 2007.
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