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- Topic: could anyone help on accounting questions?
Author | Topic: could anyone help on accounting questions? |
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applebee @2010-03-29 17:23:56 |
Here is the question:
Jan Dec A/R 71,000 90,900 Allowance 6600 8100 Bad debt 5100 Sales 300,000 How much cash will be collected? Answer was 300,000 - (90900-71000) + (8100-6600)-5100= 276500 Could anyone help me why it is not 273500= 300,000 -(90900-71000)-(8100-6600)-5100? Thanks |
applebee @2010-03-30 02:04:19 |
Forget my question please. I have figured it out.
Thanks anyway. |
CFA Discussion Topic: could anyone help on accounting questions?
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