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Business, 11.12.2019 21:31 olivasm5626

A& b commercial cleaning is a new business. during its first year of operations, credit sales were $42,000 and collections from credit sales were $31,000. one account for $625 was written off. management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. what is the balance of accounts receivable at the end of the first year? a) $11,000

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A& b commercial cleaning is a new business. during its first year of operations, credit sales w...
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