can someone explain me this? On January 1, All City Services has the following...
90.2K
Verified Solution
Link Copied!
Question
Accounting
can someone explain me this?
On January 1, All City Services has the following balances Accounts Receivable $22,000 Bad Debts Expense $0 All City has the following transactions during January: Credit sales of $120,000, collections of credit sales of $84,000, and write-offs of $18,000. All City uses the direct write-off method. The amount of Bad Debts Expense for January is O A. $12,600 O B. $25,714 O C. $22,000 O D. $18,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
can someone explain me this?