Effect of Doubtful Accounts on Net Income During its first year of operations, Fisher...
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Effect of Doubtful Accounts on Net Income During its first year of operations, Fisher Plumbing Supply Co had sales of $ wrote off $ of accounts as uncollectible using the direct writeoff method, and reported net income of $ Determine what the net income would have been if the allowance method had been used, and the company estimated that of sales would be uncollectible. $ 
Effect of Doubtful Accounts on Net Income
During its first year of operations, Fisher Plumbing Supply Co had sales of $ wrote off $ of accounts as uncollectible using the direct writeoff method, and reported net income of $
Determine what the net income would have been if the allowance method had been used, and the company estimated that of sales would be uncollectible.
$
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