Trinitron Inc. had a balance of $32,000 in the Allowance for Doubtful Accounts and a balance of $650,000 in Accounts Receivable on the 1/1/18balance sheet. During 2018, the company wrote off $16,700 of accounts and recovered $6,200 on accounts that had been previously written off. The balance in Accounts Receivable was $730,000 at 12/31/18at which time the company estimates that 6% of accounts receivable will prove to be uncollectible. Trinitron would report ____ as the 2018Bad Debt Expense.Estimated Allowance for doubt ful accounts needed at the end of year =Estimated Allowance for doubt ful accounts needed at the end of year =Balance in Allowance for doubt ful accounts before…
Allowance for Doubtful Accounts
We help you get better grades, improve your productivity and get more fun out of college!!
Homework Answers Online
Free title page
Free reference page
How it works – it’s easy
Place your Order
Submit your requirements through our small easy order form. Be sure to include and attach any relevant materials.
Make a payment
The total price of your order is based on number of pages, academic level and deadline.
We assign the assignment to the most qualified tutor. When the tutor completes the assignment, it is transferred to one of our professional editors to ensure that the assignment meets all of your requirements.
Once complete, we’ll send your assignment via the email provided on the order form.