Using percentage of its total accounts the $50,000 is the amount to be uncollectible. The amount of $50,000 will be reported as an allowance for uncollectible accounts for the Year 2 on December 31 in the balance sheet.
According to the question,
Under the approach of the balance sheet, the ending balance of the allowance for the uncollectible accounts is the percentage (%) of the ending balance of the accounts receivable.
The amount of uncollectible accounts should reflect the aggregate needed ending balance of the allowance which amounts to $50,000.
Hence, using percentage of its total accounts the $50,000 is the amount to be uncollectible.
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Answer:
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Answer:
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The estimate would be 430000
Answer:
there is no answer
Step-by-step explanation:
If you multiply 15^x by 15^y, the answer is 15^(x+y) so 2 plus -7 is negitive 5.
but there is no answer equal to this.
