skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

ABC has a loss of $100 million in 2009 prior to accounting for doubtful accounts.  ABC has accounts receivable of $500 million and the balance in allowance for doubtful accounts is $10 million.  Management estimates that $50 million of the receivables may become uncollectible.  According to management’s projections they expect to have $100 million in income in the next year (2010).  Based on their expectation of next year’s sales and collections from customers, they also estimate that the balance in allowance for doubtful accounts in 2010 should be $100 million.  They also expect to write off $20 million in receivables in 2010.  Managers receive a bonus of 10% of ABC’s income.  How can the managers of ABC maximize their total bonus for 2009 and 2010 by “creative” utilization of the accounting for doubtful accounts?


Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®

Back To Top