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ONLY QUESTIONS Q9 AND Q12 PLEASE ONLY QUESTIONS Q9 AND Q12 PLEASE For Reggie Com

ID: 2457324 • Letter: O

Question

ONLY QUESTIONS Q9 AND Q12 PLEASE

ONLY QUESTIONS Q9 AND Q12 PLEASE

For Reggie Company you have the following data for accounts receivable at 12/31/Y9: Reggie uses aging of receivables method to estimate bad debts. At 12/31/Y8 the after-adjustment balance in allowance for uncollectible accounts was $5,000 (credit). During Y9, Reggie wrote off accounts receivable in the amount of $8,000. Dermine the after-adjustment balance in allowance for uncollectible accounts at 12/31/Y9. Determine the amount of bad debt expense for Y9 When a company using the allowance method writes off a specific customer's $100,000 accounts receivable from the accounting system, which of the following statements are true? Consider the following information

Explanation / Answer

ONLY QUESTIONS Q9 AND Q12 PLEASE ONLY QUESTIONS Q9 AND Q12 PLEASE For Reggie Com