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#finance
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#uncollectible
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Assume net credit sales on december Abc organisaton is br 400,000 estimated uncllectible-5%?
Anonymous
Dec 5, 2023
Assume net credit sales on december Abc organisaton is br 400,000 estimated uncllectible-5%?
Accounting
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ChatGPT
Dec 5, 2023
To calculate the estimated uncollectible amount, we need to multiply the net credit sales by the estimated uncollectible percentage.
Estimated uncollectible amount = Net credit sales * Estimated uncollectible percentage
Estimated uncollectible amount = 400,000 * 0.05
Estimated uncollectible amount = 20,000
Therefore, the estimated uncollectible amount for ABC organization in December is Br 20,000.
Estimated uncollectible amount = Net credit sales * Estimated uncollectible percentage
Estimated uncollectible amount = 400,000 * 0.05
Estimated uncollectible amount = 20,000
Therefore, the estimated uncollectible amount for ABC organization in December is Br 20,000.
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