Part 2 accounts receivablemicrosoft provided the following, Ask an Expert

Accounting

Part 2 (Accounts Receivable)

Microsoft provided the following disclosure related to its accounts receivable.

Instructions

(a) Compute Microsoft's accounts receivable turnover for 2011 and discuss your results. Microsoft had sales revenue of $69,943 million in 2011.

(b) Reconstruct the summary journal entries for 2011 based on the information in the disclosure.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91775586

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