The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF)...
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Accounting
The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF) Company. For Fiscal 2015 For Fiscal 2014 Provision for doubtful accounts $ 50 million $ 29 million At Fiscal Year-end 2015 At Fiscal Year-end 2014 Accounts receivable, net 13,403 million 13,872 million Accounts receivable, gross 13,596 million 14,108 million Using a T-account for the allowance for doubtful accounts, identify the changes in the account during fiscal year 2015. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10).
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