Trinhngo
Oct 13, 2014, 08:57 AM
Odaine Inc.’s footnotes had the following line item:
12/31/2012
12/31/2011
Allowance for Doubtful Accounts
$800
$650
Odaine also disclosed that Bad Debt Expense was $1000 in 2012 and $890 in 2011. There were no recoveries of previously-written off accounts in either year. What were total write-offs of uncollectable accounts for the year ended 12/31/2012?
$110
$1,150
$150
$850
$800
12/31/2012
12/31/2011
Allowance for Doubtful Accounts
$800
$650
Odaine also disclosed that Bad Debt Expense was $1000 in 2012 and $890 in 2011. There were no recoveries of previously-written off accounts in either year. What were total write-offs of uncollectable accounts for the year ended 12/31/2012?
$110
$1,150
$150
$850
$800