whats the answer??? Net sales for the month are $800,000, and bad debts are expe

Question

whats the answer??? Net sales for the month are $800,000, and bad debts are expected to be 1.5% of net sales. The company uses the percentage-of-sales basis. If Allowance for Doubtful Accounts has a credit balance of $15,000 before adjustment, what is the balance after adjustment? (a) $15,000. (b) $27,000. (c) $23,000. (d) $31,000. whats the answer??? Net sales for the month are $800,000, and bad debts are expected to be 1.5% of net sales. The company uses the percentage-of-sales basis. If Allowance for Doubtful Accounts has a credit balance of $15,000 before adjustment, what is the balance after adjustment? (a) $15,000. (b) $27,000. (c) $23,000. (d) $31,000. (a) $15,000. (b) $27,000. (c) $23,000. (d) $31,000. (a) $15,000. (b) $27,000. (c) $23,000. (d) $31,000.

Explanation / Answer

(b) $27,000
(b) $27,000

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.