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AT&T; 14:46 uncc.instructure.com Ch8 Post-Lecture Assignment re Assignment Kimme

ID: 2545738 • Letter: A

Question

AT&T; 14:46 uncc.instructure.com Ch8 Post-Lecture Assignment re Assignment Kimmel, Financial Acceunting, Be Exercise 8-12 Coronado Industries had the following balances in receivable accounts at October 31, 2017 (in thousands): Allowance for Doubtful Accounts $51, Accounts Receivable $2,713, Other Receivables $188, and Notes Receivable $1,309. Calenda Prepare the balance sheet presentation of Coronado Industries's receivables in good form. Help Coronade Industries Balance Sheet (Partial) (in thousan Question Altempts: 0 ef 5 used AE FOR LATER Ie-

Explanation / Answer

Balance Sheet Presentation of Coronado Industries Receivables

Particulars

Amount ($)

Amount ($)

Accounts Receivable

$ 2,713

Less : Allowance for Doubtful Accounts

$ 51

$ 2,662

Notes Receivable

$ 1,309

Other Receivables

$ 188

Total Receivables

$ 4,159

Particulars

Amount ($)

Amount ($)

Accounts Receivable

$ 2,713

Less : Allowance for Doubtful Accounts

$ 51

$ 2,662

Notes Receivable

$ 1,309

Other Receivables

$ 188

Total Receivables

$ 4,159