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As Perry Materials Supply Was Preparing for the Year- End

Question 44

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As Perry Materials Supply was preparing for the year- end close, their balances were as follows: As Perry Materials Supply was preparing for the year- end close, their balances were as follows:   Perry Materials uses the ageing- of- accounts method and has completed the following analysis of the accounts receivable:   What will the final balance in the Allowance account be, after adjusting for Bad debts expense? A) $11 285 B) $5 085 C) $2 550 D) $1 115 Perry Materials uses the ageing- of- accounts method and has completed the following analysis of the accounts receivable:
As Perry Materials Supply was preparing for the year- end close, their balances were as follows:   Perry Materials uses the ageing- of- accounts method and has completed the following analysis of the accounts receivable:   What will the final balance in the Allowance account be, after adjusting for Bad debts expense? A) $11 285 B) $5 085 C) $2 550 D) $1 115 What will the final balance in the Allowance account be, after adjusting for Bad debts expense?


A) $11 285
B) $5 085
C) $2 550
D) $1 115

Correct Answer:

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