ACCY 500: Accounting Measurement, Reporting, and Control
Group Assignment 2
Part I: Accounts Receivable and Uncollectible Amounts
Using the balance sheet of Google provided in the next page, answer the following questions:
As of December 31st, 2005, how much does Google expect to collect from its customers in the future because of sales that were made prior to January 1st, 2006?
Assume that Google had written off $2,500 (thousand) of its accounts receivable as permanently uncollectible during the year... More