The Allowance for Bad Debts account had a balance of $8,500 at the beginning of the year and $7,200 at the end of the year. During the year (including the year-end adjustment), bad debts expense of $16,000 was recognized. The total amount of past-due accounts receivable that were written off as uncollectible during the year were:______

Question

BigJuicyPickle52031 BigJuicyPickle52031

20-02-2020
Business

contestada

The Allowance for Bad Debts account had a balance of $8,500 at the beginning of the year and $7,200 at the end of the year. During the year (including the year-end adjustment), bad debts expense of $16,000 was recognized. The total amount of past-due accounts receivable that were written off as uncollectible during the year were:______

Respuesta :

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Chloe has 20 unit cubes.How many different rectangular prisms can she build with the cubes?

If RS=3x + 1, ST= 2x - 2, and RT=64 find the value of x

a college graduate expects to earn a salary of 50000 during the first year after graduation and recieive a 3% raise every year for 10 years

for every 3 cans of vegetables purchased you get one free can. Tessera went home with 32 cans of vegetables how many did she have to pay for

select antecedent of the pronoun in the following sentence the "strikers will return to work when you when the union representative have completed their name ne

Which choice identifies the kind of sentence and the correct end mark? Follow the directions to set up the computer A. declarative, period B. exc

decrease £680 by 10%

If three friends posted 15 comments each, how many comments will there be overall?

riley can swim 1/2 mile in 3/4 hour. what is the unit rateof miles per hours

Solve for x and y simultaneously: X-2y=3 4xsquared-5xy+6y=3

phamdiep1810 phamdiep1810 · Answer 1 · 2020-02-21T07:04:07+01:00

Answer:

The total amount of past-due accounts receivable that were written off as uncollectible during the year were: $17,300

Explanation:

The amount of past-due accounts receivable that were written off as uncollectible during the year are calculated by following formula:

Past-due accounts receivable that were written off as uncollectible = The Allowance for Bad Debts account had a balance at the beginning of the year + Bad debts expense was recognized - The Allowance for Bad Debts account had a balance at the end of the year = $8,500 + $16,000 - $7,200 = $17,300