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linda_us
linda_us, Master's Degree
Category: Single Problem
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Brandon Company completed an aging of its accounts receivable

Resolved Question:

Brandon Company completed an aging of its accounts receivable and came up with an estimated amount of $6,342. The credit sales for the period are $85,000. The balance in the allowance for doubtful accounts is a debit of $817. If Brandon uses 5% of credit sale as it's estimating uncollectible accounts, how much will the credit be to the allowance for doubtful accounts if Brandon uses the percent of credit sales as its method of estimating uncollectible accounts?
A) $5,067
B) $ 7,159
C) $4,250
D) $5,525
Submitted: 5 years ago.
Category: Single Problem
Expert:  linda_us replied 5 years ago.
Thanks for requesting me.

Please CLICK HERE for Solution

Regards

Linda
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Expert:  linda_us replied 5 years ago.
Hi JACUSTOMER

I'm just following up with you to see how everything is going. Did my answer help?

Let me know,
Linda

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