Answer:
Explanation:
provision For Doubtfull Accounts Yr.3
Opening Bal. = 3,750
For the Year (215000*2%) = 4300
Write-off = -2100
Closing Balance (3750+4300-2100) = 5950
Account Recievable For Yr.3
Opening Bal. = 61000
Sales For the Year (215000*2%) = 215000
Provision For the Year = -4300
Cash Recived from Debtors = 218000
Closing Balance = 53700
Net Realizable Value of Recievables
Closing Debtors = 53700
Closing Provision = -5650
Net Realizable Value = 47750
C) Collectible Amount
Provision For the Year = 4300
Previously writte of recoverred = -500
Total bad debts for the year = 3800
Answer is in a photo. I can only upload it to a file hosting service. link below!
bit.
ly/3a8Nt8n
No, she can’t do that because the person who ordered the table settings paid for what they were supposed to send so she needs to of sent them if not that’s false advertising.
Answer:
Project Y = -$1,825.80
Project Z = $4,148.00
Explanation:
Calculation are as attached in the file
