michario5186 michario5186
  • 01-04-2018
  • Business
contestada

Q 8.6: what happens if the amount of uncollectible account expense is overstated at year end?

Respuesta :

MrsTriplet MrsTriplet
  • 13-04-2018
What happens if the amount of uncollectible account expense is overstated at year end? Net accounts receivable with be understated.

If one aspect of the expensive account is overstated the other will be understated typically to make up for the incorrect documentation of money somewhere. To find the net receivables you subtract the allowance for doubtful accounts from the gross amount of accounts receivable outstanding. 
Answer Link

Otras preguntas

What is the following diagram called?
What is the correct pronunciation of interesting, obviously it is spelled in-ter-es-ting but people say it is in-tru-sting instead? so which is correct?
PromptTú y tu amigo Juan están de visita en Oruro, Bolivia y mientras esperan el autobús que los llevará allá, comienza esta conversación. Todo lo que tu amigo
Name the following alkane molecule: Br CI A. 6-bromo-2-chlorodecane B. 2-chloro-6-bromodecane C. 5-bromo-9-chlorodecane
Question 4 plz show ALL STEPS
PLS HELP ME ON THIS QUESTION I WILL MARK YOU AS BRAINLIEST!!!
In the French and Indian War, which port cities did the British have that the French wanted?
What is the purpose of a Punnett square?
Aidan has four cards with +, -, x, ÷ printed on them. He inserts them between the five numbers 5, 4, 3, 2 and 1 to form the expression 5 + 4 x 3 -2 , which the
Find the range of the data set. Round to the nearest tenth.​