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n early 2021, Amina Corp. had balances in account receivables of BD 125,000 and allowance for doubtful accounts of BD 4,500 (credit). During the period, the business had net credit sales of BD 400,000 and collections of BD 350,000. It wrote as uncollectible accounts receivable of BD 3,800 However, a BD 1,500 account previously written off as uncollectible was recovered be the end of the current period. Uncollectible accounts are estimated to total BD 12,500 at the end of the period. e. Determine the ending balances in account receivable doubtful accounts and ending balance for? (f. What is the net realizable value of the receivables at the end of period?

n early 2021, Amina Corp. had balances in account receivables of BD 125,000 and allowance for doubtful accounts of BD 4,500 (credit). During the period, the business had net credit sales of BD 400,000 and collections of BD 350,000. It wrote as uncollectible accounts receivable of BD 3,800 However, a BD 1,500 account previously written off as uncollectible was recovered be the end of the current period. Uncollectible accounts are estimated to total BD 12,500 at the end of the period. e. Determine the ending balances in account receivable doubtful accounts and ending balance for? (f. What is the net realizable value of the receivables at the end of period?

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter16: Accounting For Accounts Receivable
Section: Chapter Questions
Problem 3CP: At the end of 20-3, Martel Co. had 410,000 in Accounts Receivable and a credit balance of 300 in...
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In early 2021, Amina Corp. had balances in account receivables of BD 125,000 and allowance for doubtful accounts of BD 4,500 (credit). During the period, the business had net credit sales of BD 400,000 and collections of BD 350,000. It wrote as uncollectible accounts receivable of BD 3,800 However, a BD 1,500 account previously written off as uncollectible was recovered be the end of the current period. Uncollectible accounts are estimated to total BD 12,500 at the end of the period. e. Determine the ending balances in account receivable doubtful accounts and ending balance for? (f. What is the net realizable value of the receivables at the end of period?
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