Solution manual accounting 25th editon warren chapter 09

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... $8,440 + $24,955)…………… Difference………………………………………………………………………… $45,545 34,455 $11 ,090 Rustic Tables’ income would be $11 ,090 higher under the direct write-off method than under the allowance method... 24,955 31 Bad Debt Expense Allowance for Doubtful Accounts Uncollectible accounts estimate ($47 ,090 – $1,545) 45,545 8,440 12,500 8,440 8,440 4,600 3,600 7,150 2,975 6,630 45,545 Computations:... Estimated Doubtful Accounts Percent 1% 3% 10% 33% 75% Amount $ 3,200 3,300 2,400 5,940 32,250 $47 ,090 Estimated balance of allowance account from aging schedule…………………… Unadjusted credit balance
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