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Hello students, here is a question.
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Analysis of receivable method at the end of current year, account receivable has a balance of $2 ,450 ,000.
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Alliance for doubtful account has bring credit balance of $14 ,860 and sale for the year total will be $31 ,600 ,000.
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Using an align method, the balance, alliance for doubtful account is estimated at $250 ,000.
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So, we need to determine the amount of adjusting entries of uncontrollable account.
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And the second sub question is determine the adjustment balance of account receivable, alliance for doubtful accounts and badded expenses, account receivable and alliance doubtful account and badded expenses.
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So, our third question is determine the net realizable value for account receivable.
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So, this is our question.
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Let us start solving this.
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So, our first sub question is to calculate adjusted entry for uncontrollable accounts, amount of adjusting entries for uncollectible account...