Answer:
Tone ...................................
Answer:
See below
Explanation:
Given the above information, Shelton should report the account receivable at a net amount as computed below;
= Accounts receivables - Allowance for doubtful account
Accounts receivables = $140,000
Allowance for doubtful account = $7,200
= $140,000 - $7,200
= $132,800
Therefore, account receivables at a net amount is $132,800
When Atlantis Inc has Uni Bank source their expansion, they are using a D. external source of funding. An external source refers to something being funded outside of their direct business funds. They are using another company to fund their business expansion which overtime will be paid back to them.
