As at 30 November, Windy Mountain Flagpoles had Accounts receivable of $31000. During December, Windy...
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Accounting
As at 30 November, Windy Mountain Flagpoles had Accounts receivable of $31000. During December, Windy Mountain recorded the following transactions. (Click the icon to view the transactions.) Requirements 1. Record bad debt expense for December using the direct write-off method. 2. What balance of accounts receivable does Windy Mountain report on its 31 December balance sheet under the direct write-off method? Does it expect to collect the full amount? Requirement 1. Record h Requirement 2. What ba Transactions - sales of $186000 (\$165000 on credit; $21000 for cash) - collections on account, $127000 - write-offs of bad debts, $2500. planations aren't required.) direct write-off method? Does it expect to collect the full amount
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