Business, 13.07.2021 16:40 cameron12502
On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $42,500 and $1,700, respectively. During 2022, Coolwear wrote off $875 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $4,200 at December 31, 2022. Bad debt expense for 2022 would be:
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On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollecti...
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