Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount of the Credits? Account Name Normal Account Balance Cash $15,446 Accounts Receivable $80,000 Allowance for Uncollectible $1,877 Accounts Equipment $9,000 Deferred Revenue $4,000 Common Stock $70,000 Revenue $40,153 Sales Returns $3,811 Cost of Goods Sold $3,000 Bad Debt Expense $5,000 Fill in the blank with your calculated number
Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount of the Credits? Account Name Normal Account Balance Cash $15,446 Accounts Receivable $80,000 Allowance for Uncollectible $1,877 Accounts Equipment $9,000 Deferred Revenue $4,000 Common Stock $70,000 Revenue $40,153 Sales Returns $3,811 Cost of Goods Sold $3,000 Bad Debt Expense $5,000 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123
Expert Solution
The Answer is 116030 [ $ 116,030 ]
Working:
| Allowance for Uncollectible Accounts | $ 1,877 |
| Deferred Revenue | $ 4,000 |
| Common Stock | $ 70,000 |
| Revenue | $ 40,153 |
| Total | $ 116,030 |
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.





