Business
Business, 15.04.2020 17:34, doritasanchez

Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are available for 2014.

Credit sales during 2014 $2,422,900

Allowance for doubtful accounts 1/1/14 18,100

Collection of accounts written off in prior years (customer credit was reestablished) 9,200

Customer accounts written off as uncollectible during 2014 31,500

What is the balance in Allowance for Doubtful Accounts at December 31, 2014?

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Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are availab...

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