The following information relates to jay co.'s accounts receivable for 2004: accounts receivable, 1/1/04 $650,000 credit sales for 2004 2,700,000 sales returns for 2004 75,000 accounts written off during 2004 40,000 collections from customers during 2004 2,150,000 estimated future sales returns at 12/31/04 50,000 estimated uncollectible accounts at 12/31/04 110,000 what amount should jay report for accounts receivable, before allowances for sales returns and uncollectible accounts, on december 31, 2004?

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.