問(wèn)題已解決
老師這個(gè)題怎么做?。?/p>
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老師這個(gè)題怎么做啊?
a. The amount of bad debt experience is calculated as below: ($900,000-$150,000)*3%=$22,500
b. Dr. Bad Debt Allowance $10,000
Cr. Account Receivable $10,000
c. The allowance for doubtful accounts $22,500-$10,000=$12,500
d. Account Receivable balance=$900,000-$150,000-$675,000-$10,000=$65,000
e. I think bad debt allowance is a very subjective issue. The reasonableness depends on a variety of subjects. From the context of this quest, I think it is reasonnable. Because actual bad debt incurred is only $10,000, which is only 1.33% of all credit sales, lower than the 3% benchmark. This means the 3% benchmark is conservative enough.
I hope this helps.
2020 12/18 11:02
CMA徐老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
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2020 12/18 11:02
老師這個(gè)題怎么做啊?
a. The amount of bad debt experience is calculated as below: ($900,000-$150,000)*3%=$22,500
b. Dr. Bad Debt Allowance $10,000
Cr. Account Receivable $10,000
c. The allowance for doubtful accounts $22,500-$10,000=$12,500
d. Account Receivable balance=$900,000-$150,000-$675,000-$10,000=$65,000
e. I think bad debt allowance is a very subjective issue. The reasonableness depends on a variety of subjects. From the context of this quest, I think it is reasonnable. Because actual bad debt incurred is only $10,000, which is only 1.33% of all credit sales, lower than the 3% benchmark. This means the 3% benchmark is conservative enough.
I hope this helps.
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