Professional Documents
Culture Documents
$1,000
7,500 900
Balance Sheet
Before Write-off Accts Rec $8,000 $(200) Allowance 500 (200) Net realizable value $7,500 After $7,800 300 $7,500
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Analyzing Information
Is percent of bad debts expense to net sales increasing or decreasing? Is percent of allowance for doubtful accounts to gross accounts receivable increasing or decreasing?
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