The following financial information for Annapolis Corporation for the fiscal years ending 2019 & 2018 (all balances are normal): Accounts Receivable Inventory Net Sales (all credit) Cost of Goods Sold Net Income 2019 2018 $32,000 $40,000 42,000 38,000 390,000 350,000 154,000 152,000 27,200 24,800 Use this information to determine the accounts receivable average collection period for FY 2019.

The following financial information for Annapolis Corporation for the fiscal years ending 2019 & 2018 (all balances are normal): Accounts Receivable Inventory Net Sales (all credit) Cost of Goods Sold Net Income 2019 2018 $32,000 $40,000 42,000 38,000 390,000 350,000 154,000 152,000 27,200 24,800 Use this information to determine the accounts receivable average collection period for FY 2019.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 12E: Inferring Accounts Receivable Amounts At the end of 2019, Karras Inc. had a debit balance of 141,120...

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Find the amount of accounts receivables written off in 2019.