Beginning gross receivables 110 Beginning allowance for bad debts 17 Beginning deferred revenue 87 Ending gross receivables 300 Ending allowance for bad debts 29 Ending deferred revenue Sales 42 542 72 Bad debt expense Cash received from customers ?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Beginning gross receivables
110
Beginning allowance for bad debts
17
Beginning deferred revenue
87
Ending gross receivables
300
Ending allowance for bad debts
29
Ending deferred revenue
Sales
42
542
72
Bad debt expense
Cash received from customers
?
Transcribed Image Text:Beginning gross receivables 110 Beginning allowance for bad debts 17 Beginning deferred revenue 87 Ending gross receivables 300 Ending allowance for bad debts 29 Ending deferred revenue Sales 42 542 72 Bad debt expense Cash received from customers ?
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