Write a 2–3-page report in Word format.demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
August 7, 2017Describe what happened, circumstances leading up to the disaster and how it could have been avoided?
August 7, 2017
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- Find the Accounts Receivable (may also be called Trade Receivables) for your selected company. How much is the “net amount”? This is the amount after deducting the Allowance for Uncollectible Accounts (this can have some other names).
- How much is the “gross amount”? If this information is not shown on the Balance Sheet, you should be able to find it in the notes that follow the financial statements. Do you think the Allowance for Uncollectible Accounts is a reasonable estimate of the uncollectible accounts? Why?
