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Author Question: Coyote Company has given you the following information from its aging of Accounts Receivable. Using ... (Read 176 times)

cnetterville

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Coyote Company has given you the following information from its aging of Accounts Receivable. Using this information, determine the amount of the journal entry to record the estimated uncollectible accounts.

Current$24,800​1% uncollectible
31-60 days7,100​9% uncollectible
61-90 days4,000​19% uncollectible
91 and up1,900​34% uncollectible
The current balance in Allowance for Doubtful Accounts is a $938 credit.
◦ $2,293
◦ $1,355
◦ $3,231
◦ $938


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Marked as best answer by cnetterville on Feb 18, 2020

ApricotDream

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cnetterville

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


nguyenhoanhat

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Reply 3 on: Yesterday
Gracias!

 

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