Module 5 E5-42.docx - Module 5 E5-42 The accounts...

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Module 5 E5-42 The accounts receivable balance is calculated with the use of following table: Opening Accounts Receivable Balance 356,000 Add Credit Sales during the Year 2,008,000 Less Collection from Customers 1,963,000 Accounts Written Off (8,200 + 4,800 + 2,300) 15,300 Closing Accounts Receivable Balance $385,700 The allowance for uncollectible accounts balance is calculated with the use of following table: Opening Allowance for Uncollectible Accounts Balance
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  • Spring '16
  • YOUNG
  • Uncollectible Accounts

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