Business, 14.04.2020 18:05 princessammarah4731

Bramble Corp. had a 1/1/17 balance in the Allowance for Doubtful Accounts of $45500. During 2017, it wrote off $26000 of accounts and collected $8300 on accounts previously written off. The balance in Accounts Receivable was $780000 at 1/1 and $980000 at 12/31. At 12/31/17, Bramble estimates that 6% of accounts receivable will prove to be uncollectible. What should Bramble report as its Allowance for Doubtful Accounts at 12/31/17

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Bramble Corp. had a 1/1/17 balance in the Allowance for Doubtful Accounts of $45500. During 2017, it...

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