YEAR SALES 2002 450,000 2003 500,000 2004 800,000 2005 820,000 CASH COLLECTIONS WRITE OFFS 410,000 450,000 590,000 750,000 35,000 25,000 47,000 20,000 If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005?
YEAR SALES 2002 450,000 2003 500,000 2004 800,000 2005 820,000 CASH COLLECTIONS WRITE OFFS 410,000 450,000 590,000 750,000 35,000 25,000 47,000 20,000 If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005?
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 26Q: A customer was unable to pay the accounts receivable on time in the amount of $34,000. The customer...
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$127000, $2570000, $243000, $50000, or $643000
Transcribed Image Text:YEAR
SALES
2002 450,000
2003 500,000
2004 800,000
2005 820,000
CASH
COLLECTIONS WRITE OFFS
410,000
450,000
590,000
750,000
35,000
25,000
47,000
20,000
If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005?
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