Fundamental Accounting Principles -Hardcover
22nd Edition
ISBN: 9780077632991
Author: Wild
Publisher: MCG
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Textbook Question
Chapter 9, Problem 5BTN
Access eBay’s, January 31, 2014, filing of its 10-K report for the year ended December 31, 2013, at www.SEC.gov.
Required
- What is the amount of eBay’s net
accounts receivable at December 31,2013, and at December 31, 2012? - "Financial Statement Schedule IT' to its financial statements lists eBay’s allowance for doubtful accounts (including authorized credits,. For the two years ended December 31,2013 and 2012, compute its allowance for doubtful accounts (including authorized credits) as a percent of gross accounts receivable.
- Do you believe that these percentages are reasonable based on what you know about eBay? Explain.
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Students have asked these similar questions
Interpreting the Accounts Receivable FootnoteHP Inc. reports the following in its 2018 10-K report.
October 31(in millions)
2018
2017
Accounts receivable
$5,113
$4,414
Footnotes to the company's 10-K provide the following additional information relating to its allowance for doubtful accounts.
For the fiscal years ended October 31(in millions)
2018
2017
2016
Allowance for doubtful accounts-accounts receivable
Balance, beginning of period
$101
$107
$80
Provision for doubtful accounts
57
30
65
Deductions, net of recoveries
(29)
(36)
(38)
Balance, end of period
$129
$101
$107
(a) What is the gross amount of accounts receivables for HP in fiscal 2018 and 2017?
($ millions)
2018
2017
Gross accounts receivable
Answer
Answer
(b)What is the percentage of the allowance for doubtful accounts to gross accounts receivable for 2018 and 2017? (Round your answers to two decimal places.)
($ millions)
2018
2017
Percentage of uncollectible…
What amount should be presented as Trade Accounts Receivable in the Statement of Financial Position as of December 31, 2017?
A. 699,000
B. 822,000
C. 849,000
D. 894,500
https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf
Chapter 9 Solutions
Fundamental Accounting Principles -Hardcover
Ch. 9 - Prob. 1DQCh. 9 - Why does the direct write-off method of accounting...Ch. 9 - Prob. 3DQCh. 9 - Why might a business prefer a note receivable to...Ch. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - Prob. 7DQCh. 9 - Prob. 8DQCh. 9 - Prob. 9DQCh. 9 - Prob. 10DQ
Ch. 9 - Prob. 1QSCh. 9 - Prob. 2QSCh. 9 - Prob. 3QSCh. 9 - Distinguishing between allowance method and direct...Ch. 9 - Prob. 5QSCh. 9 - Prob. 6QSCh. 9 - Prob. 7QSCh. 9 - Prob. 8QSCh. 9 - Prob. 9QSCh. 9 - Prob. 10QSCh. 9 - Prob. 11QSCh. 9 - Prob. 12QSCh. 9 - Prob. 13QSCh. 9 - Prob. 1ECh. 9 - Prob. 2ECh. 9 - Prob. 3ECh. 9 - Prob. 4ECh. 9 - Prob. 5ECh. 9 - Prob. 6ECh. 9 - Prob. 7ECh. 9 - Prob. 8ECh. 9 - Prob. 9ECh. 9 - Prob. 10ECh. 9 - Prob. 11ECh. 9 - Prob. 12ECh. 9 - Prob. 13ECh. 9 - Prob. 14ECh. 9 - Prob. 15ECh. 9 - Prob. 16ECh. 9 - Prob. 1APSACh. 9 - Prob. 2APSACh. 9 - Prob. 3APSACh. 9 - Prob. 4APSACh. 9 - Prob. 5APSACh. 9 - Prob. 1BPSBCh. 9 - Prob. 2BPSBCh. 9 - Prob. 3BPSBCh. 9 - Prob. 4BPSBCh. 9 - Prob. 5BPSBCh. 9 - Prob. 9SPCh. 9 - Prob. 1GLPCh. 9 - Prob. 1BTNCh. 9 - Prob. 2BTNCh. 9 - Prob. 3BTNCh. 9 - Prob. 4BTNCh. 9 - Access eBay’s, January 31, 2014, filing of its...Ch. 9 - Prob. 6BTNCh. 9 - Prob. 7BTNCh. 9 - Prob. 8BTNCh. 9 - Prob. 9BTN
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