Answer:
1. $66,000
2. $66,000
Explanation:
The computations are shown below:
1. Before written off:
= Account receivable balance - uncollectible amount
= $70,000 - $4,000
= $66,000
2. After written off:
= Account receivable balance - second year written off amount - uncollectible amount + second year written off amount
= $70,000 - $700 - $4,000 + $700
= $66,000
Answer:
The correct answer is: False
Explanation:
la carrera es por decirlo una expresion pero esto lo hace ser diferente como "vas muy a la carrera"
A clothing haul of shirts with horses on it ig
Answer:
Contract amount = liablity :unearned revenue = $3405000
contract cost are setoff against contract billings and determine difference to be asset or liability
contract billings = ( $1702500-$1290000) = 412500 = liability
Explanation: