Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has the following balances on december 3

A company has the following balances on December 31, 2021, after year-end adjustments: Accounts Receivable...

60.1K

Verified Solution

Question

Accounting

A company has the following balances on December 31, 2021, after year-end adjustments: Accounts Receivable = $70,000; Service Revenue = $440,000; Allowance for Uncollectible Accounts = $5,000; Cash = $26,000.

Calculate net accounts receivable.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Libby Flannery, the regional manager of Ecsy-Cola, the international soft drinks empire, was reviewing her investment plans...

Biology
1.2K views

1) Consider the oxidation of Stearic acid (18 carbon fatty acid, fully saturated) to CO2, NADH...

Accounting
1.2K views

Baird County maintains an investment trust fund for the School District and the Town of Bairdville...

Biology
1.2K views

3 1 2 2 Complete the sentences 4 1 Life science is the study of...

Basic Math
1.2K views

The cost in dollars of manufacturing x items is given by C x x 7x...

Basic Math
1.2K views

A helicopter is flying at an elevation of 320 feet.It is within sight of the...

Calculus
1.2K views

Find the order 3 Taylor polynomial T3 x of the given function given Use exact...

Calculus
1.2K views

22 Find the point that corresponds with a b 0 1 c 1 13 2...

Calculus
1.2K views

Convert the following angle to degrees minutes and seconds form a 83 7022 The answer...

Accounting
1.2K views

please show steps, thank you Miller Toy Company manufactures a plastic swimming pool...

Accounting
1.2K views

Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT...

Accounting
1.2K views

Matlack Company begins operations on January 1, 2022, with $100,000 in common stock. At the...