What would be ace''s uncollectible accounts expense, Accounting Basics

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What would be ace''s uncollectible accounts expense

Ace Co. prepared an aging of its accounts receivable at December 31, 2010 and determined that the net realizable value of the receivables was $450,000. Additional information is available as follows:

Allowance for uncollectible accounts at 1/1/10-credit balance $ 38,000
Accounts written off as uncollectible during 2010 44,000
Accounts receivable at 12/31/10 530,000
Uncollectible accounts recovered during 2010 15,000

For the year ended December 31, 2010, what would be Ace's uncollectible accounts expense?

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Accounting Basics: What would be ace''s uncollectible accounts expense

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Accounting Basics: What would be ace''s uncollectible accounts expense

Reference No:- TGS098977

Recent Questions Asked Accounting Basics

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