On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $120,000,collections of credit sales of $87,000 and write-offs of $16,000.Davidson uses the direct write-off method.At the end of January,the balance in Accounts receivable is :

Question

On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $120,000,collections of credit sales of $87,000 and write-offs of $16,000.Davidson uses the direct write-off method.At the end of January,the balance in Accounts receivable is :

Quizplus · Accepted Answer

The Answer of On 1 January,Davidson Services has the following balances:
Accounts receivable

Bad debts expense

Davidson has the following transactions during January: Credit sales of $120,000,collections of credit sales of $87,000 and write-offs of $16,000.Davidson uses the direct write-off method.At the end of January,the balance in Accounts receivable is :

On 1 January,Davidson Services Has the Following Balances