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What amount will the net business income of john

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Question 1: During 2019, its first year of operation, John's Scent Shoppe has cash sales of $105,000, as well as account sales of $52,000. Of the cash sales, $12,000 represents payments for goods that will be delivered during 2020. At December 31, 2019, $17,000 of the accounts receivable remain uncollected. John identified $1,700 of the accounts that he considers will be uncollectible. By what amount will the 2019 net business income of John's Scent Shoppe be increased by the preceding information?

Reference no: EM132611047

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