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Unformatted text preview: BALANCE SHEET Assets = Liabilities + Stockholders' Equity Allowance for Doubtful A (22,700) 3. Show how accounts receivable would be presented on the December 31, 2007, balance shee Current Assets Accounts Receivable $280,000 Allowance for Doubtful A (22,700) Net Realizable Value $257,300 2. The blue cells are for data entry. Enter text in the T cells , formulas in the F cells, dollar/numbers in the $ cells. uncollectible accounts at December 31, 2007. 31, 2007. INCOME STATEMENT + Revenues - Expenses Bad Debts Expense (22,700)...
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This homework help was uploaded on 04/14/2008 for the course ACCT 1011 taught by Professor Lin during the Spring '08 term at Saint Joseph's University.
- Spring '08
- Financial Accounting