- online accounting degree
- motivated seller
- android input method
During its first year of operations, Master Plumbing Supply Co. had net sales of $230,000, wrote off $3,700 of accounts as uncollectible using the direct write-off method, and reported net income of $25,300. Determine what the net income would have been if the allowance method had been used, and the company estimated that 1 3/4% of net sales would be uncollectible.
Find net income if allowance method was used?
没有评论:
发表评论