file:///C:/Users/user/Downloads/Redpack%20Beer_Estimating%20Allowance%20for%20Bad%20Debt.pdf
Read the case provided and do you best to address the following questions.
Review the information in Schedule D and assume that you met with RedPack's Credit Manager, Katie Henson, to ask her a number of questions related to specific customer accounts in the Accounts Receivable Aged Trial Balance. A transcript of your interview notes is provided.
Based on your reading of the transcript, do you agree that with the specific reserves established by the credit manager for Distinct Beer Distributor, Eagle Beverage Group, and Golden Holdings? If yes why? If not what do you believe the specific reserves should be and why?
Sample Solution