Using the aging method for recording bad debt expense, estimated uncollectible accounts are $80,000. If the balance of the Allowance for Doubtful Account is $26,000 debit before adjustment, what is...


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Using the aging method for recording bad debt expense, estimated uncollectible accounts<br>are $80,000. If the balance of the Allowance for Doubtful Account is $26,000 debit before<br>adjustment, what is the balance after adjustment?<br>

Extracted text: Using the aging method for recording bad debt expense, estimated uncollectible accounts are $80,000. If the balance of the Allowance for Doubtful Account is $26,000 debit before adjustment, what is the balance after adjustment?
APS Company issued 15,000 shares of $1 par common stock for $40 per share during 2021.<br>The company paid dividends of $36,000 and issued long-term notes payable of $330,000<br>during the year. What amount of cash flows from financing activities will be reported on the<br>statement of cash flows?<br>Calculate the amount of cash used by financing activities. Only enter the number. No brackets<br>or negative signs required<br>

Extracted text: APS Company issued 15,000 shares of $1 par common stock for $40 per share during 2021. The company paid dividends of $36,000 and issued long-term notes payable of $330,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? Calculate the amount of cash used by financing activities. Only enter the number. No brackets or negative signs required

Jun 09, 2022
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