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The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF)...

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Accounting

The following information is taken from the 2015 annual report to shareholders of Herme-Finnet (HF) Company.

For Fiscal 2015 For Fiscal 2014
Provision for doubtful accounts $ 64 million $ 43 million
At Fiscal Year-end 2015 At Fiscal Year-end 2014
Accounts receivable, net 13,543 million 14,012 million
Accounts receivable, gross 13,750 million 14,262 million

Using a T-account for the allowance for doubtful accounts, identify the changes in the account during fiscal year 2015.

Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10).

Required:

image

Allowance for Doubtful Accounts \begin{tabular}{|l|l|l|l|} \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \end{tabular}

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