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    Calvin34's Avatar
    Calvin34 Posts: 1, Reputation: 1
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    #1

    Oct 5, 2007, 12:59 PM
    Direct write off method
    Write -offs of uncollectible accounts receivable, $? Solve for the amount of write offs
    bridget_watkins's Avatar
    bridget_watkins Posts: 1, Reputation: 1
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    #2

    Dec 13, 2007, 11:04 AM
    Net Sales Of $1,8000,000 Wrote Off $51,000 Of Accounts As Uncollectible Using The Direct Write-off Method, Reported Net Income Of $125,000.
    What Would The Net Income Have Been If The Allowance Method Had Been Used And The Company Estimated That 3% Of New Sales Would Be Uncollectible?
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