At the beginning of the year, accounts receivable were $162,000 and the allowance for bad debts was $13,300. during the year, sales (all on account) were $618,000, cash collections were $598,000, bad debts expense totaled $19,600, and $13,800 of accounts receivable were written off as bad debts. required: calculate the balances at the end of the year for the accounts receivable and allowance for bad debts accounts. (hint: use t-accounts to analyze each of these accounts, plug in the amounts that you know, and solve for the ending balances.)

a = 3.14

b = 18

c = 18/5 or 3.6 or 3 3/5

step-by-step explanation:

the correct answer would be the third option

one way is to plot 2 points and connect them which is what the answer choices seem to be doing

it seems to be using the y intercept and the slope

y=mx+b, m=slope, b=y-intercept (where the line hits the y axis)

slope=rise/run

y-intercept is where the line croses the y axis which is the y value where x=0

you seem to have given the wrong slope (you didn't put a number in front of te x, it should be 2/3 or 3/2 looking at the answer options)

y=? x-1

m=? because of your fault

b=-1

so it has a slope of ? and y intercept of -1, meaning it pases through (0,-1)

so draw point (0,-1) (so answer is one of the first 2 option)

if slope is 2/3, then go up 2 and right 3 then draw line through those 2 points

if slope is 3/2, then go up 3 and right 2 then draw line through those 2 points

the easiest way to do these would be to solve the equations. if you can solve the equation than you can solve these problems.