Need help answering the Comparative balance sheet 2019 it’s the first pictures a
ID: 2340693 • Letter: N
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Need help answering the Comparative balance sheet 2019 it’s the first pictures all the others are data information with the correct answers. This is what the question ask for.
Requirement 3. Show how Up To Date Communications will report its accounts receivable in a comparative balance sheet for2018 and 2019. (Use the three-line reporting format.) At December 31, 2018, the company's Accounts Receivable balance was $215,000, and the Allowance for Uncollectible Accounts stood at $4,400.
P5-58A (similar to) ICick the icon to weew the alowance information ) 2019Explanation / Answer
Up To Date Communications Comparative Balance Sheet (Partial) December 31, 2019 & 2018 2019 2018 Accounts Receivable 234000 215000 Less : Allowance for uncollectible Accounts 21120 4400 Accounts Receivable, net 212880 210600
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