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November 23, 2014

Homework Help: ACCOUNTING !!

Posted by MARLON on Thursday, August 27, 2009 at 11:13am.

IN 2008, Variman, Incorportated had Gross Accounts receivable of $2,366,420 and management estimated the Allowance for Doubtful accounts to be $243,520. Compute the ratio of Allowance of Doubtful accounts to Net Accounts receivable for Variman, Inc. for 2008 (that is, compute Allowance/ Net Accounts receivable.)

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