Homework Answers
Ans:
Allowance for doubtful accounts = Accounts Receivable (Gross) - Accounts Receivable (Net)
For Fiscal 2015
= $16,268 - $15,906
= $362 million in 2015
For Fiscal 2014
= $16,931- $16,437
= $494 million in 2014
Hope this helped ! Let me know in case of any queries.
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> I am trying to figure this out. How do you subtrac 16,931,000 from 16,437,000 and get 494,000,000 and the same from fiscal year 2015??? Isnt it 362,000 and 494,000 ?
Adrianna Marano Sat, Oct 30, 2021 1:22 PM