Kendo Company has a December 31 year-end. The following information relates to the year just ended: Sales for the year $

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answerhappygod
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Kendo Company has a December 31 year-end. The following information relates to the year just ended: Sales for the year $

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Kendo Company has a December 31 year-end. The followinginformation relates to the year just ended:
Sales for the year $18,000 (of which 20% were cash sales)Accounts Receivable January 1 were $15,000 and increased 50% byDecember 31 Allowance for Doubtful Accounts January 1 $3,804
Kendo sets its provision for uncollectible accounts receivableat 2% of credit sales.1: Assuming no other transaction happened, what is theUncollectible Accounts Expense reported on Decmber 31st?
2: Assuming no other transaction happened, what is the adjustednet balance of Accounts Receivables at December 31st? $
3: Assuming no other transaction happened, what is the adjustedbalance of Allowance for Doubtful Accounts at December 31st?$
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