Mod 4 P7-4 - P7­4. (a) Classification by Sale Balance %...

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Unformatted text preview: P7­4. (a) Classification by Sale Balance % Est. Amount of write Off Nov­Dec 200 July­Oct $1,080,000 2% 650,000 $ 21,600 10% 65,000 Jan –Jun 420,000 25% 105,000 Prior to1/1/10 90,000 80% 72,000 $2,240,000 $ 263,600 (b) Bad Debt Expense Allowance for Doubtful Accounts 263,600 263,600 ...
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