Allowance for uncollectible

Joined
Apr 20, 2016
Messages
1
Reaction score
0
Country
United Arab Emirates
how to find allowance for uncollectable
when we have following given data on trial balance
-accounts receivable 45000

and in adjustments it is written
-write off Rs. 3000 as ncollectibles and make allowance for uncollectible at 5 % on accounts receivable and allowance for discount on accounts receivable at 2 %.

what will be the allowance for uncollectibles
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,636
Messages
27,585
Members
21,383
Latest member
Catherine Dimopoulou

Latest Threads

Top