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Thread: accounting?????

  1. #1
    faizan374 is offline Senior Member+
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    Default accounting?????

    trader bay had credit sales of 400,000 for march accounts receiveable of rs 3500 were determined to be worthless and were written off during march accounts receiveable total 260,000 at march managements feels that based on past experiencfe approxmiately 2% of net credit sales will prove to be uncollectible

    calculate uncollectible account expense for march under each of the following assupmtions


    DIRECT WRITE OFF METHOD
    AN INCOME STATEMENT APPROACH

  2. #2
    Mustafa195 is offline Junior Member
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    Default

    Salam brother i think RS.6300 uncollectible account expense if is it wrong tell me truth

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