a.
The criteria of determining the carrying value of accounts receivables.
b.
Factors influencing managerial decision in estimation of amount of collectible receivables.
c.
Percentage of trade receivables to total assets.
Given information:
Trade receivables for year 2013 are $1,424 and for year 2012 are $1,454.
Total assets for year 2013 are $15,474 and for year 2012 are $15,169.
d.
Percentage of the allowance for uncollectible accounts to total trade receivables.
Total trade receivables for year 2013 are $1,231 and for year 2012 are $1,185.
Allowance for uncollectible accounts for year 2013 is $5 and for year 2012 is $6.
e.
Write-offs of accounts receivables.
Opening balance of allowance is $6 and $8 for year 2013 and 2012 respectively.
Additions charged to expense are $2 and $1 for year 2013 and 2012 respectively.
Doubtful accounts charged to reserve are $3 and $3 for year 2013 and 2012 respectively.
Intermediate Accounting