Answer Happy

Page 1: 1 Page 2 2 M Page 3 3 Page 4 Page S Question 1 (1 point) Orr Co. prepared an aging of its accounts receivable at December 31, 20x5, and determined that the net realizable value of the receivables was $255,000 A. Additional information is available as follows: Allowance for uncollectible accounts at Jan 1, 20x5 credit Accounts written off as uncollectible during 20x5 22.000 Accounts receivable at December 31, 20x5 275,000 balance $27,000 Uncollectible accounts recovered during 20x5 4,000 Allowance for uncollectible accounts at Dec 31, 20x5 credit 20.000 For the year ended December 31, 20x5, Orr's bad debt expense would be Ⓒal $22.000 bi $20,000 Od $15.000 $11,000