The stevens company provided 54000 of services on account

Reference no: EM13589507

The Stevens Company provided $54,000 of services on account during 2014, its first year in operation. During 2014, Stevens collected $38,500 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its revenues on account. The amount of uncollectible accounts expense recognized on the 2014 income statement wasThe Stevens Company provided $54,000 of services on account during 2014, its first year in operation. During 2014, Stevens collected $38,500 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its revenues on account. The amount of uncollectible accounts expense recognized on the 2014 income statement was?

Reference no: EM13589507

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