list any errors you can find in the following partial balance sheet 549738
EX 9-25 Receivables on the balance sheet
List any errors you can find in the following partial balance sheet:
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list any errors you can find in the following partial balance sheet 549738
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Tulips Company |
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Balance Sheet |
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December 31, 2012 |
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Assets |
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Current assets: |
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Cash |
$138,000 |
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Notes receivable |
$400,000 |
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Less interest receivable |
20,000 |
380,000 |
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Accounts receivable |
$795,000 |
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Plus allowance for doubtful accounts |
14,500 |
809,500 |
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