question archive A business makes a allowance for doubtful accounts equal to 0
A business makes a allowance for doubtful accounts equal to 0
Subject:AccountingPrice: Bought3
A business makes a allowance for doubtful accounts equal to 0.05 of its account receivables. At 30 April 2020 the allowance for doubtful accounts was $850 At 30 April 2021 the net account receivable were $17100. How much is the increase in the allowance for doubtful accounts for the year ended 30 April 2021?
