Colleges like The Ohio State University are working hard to make tuition affordable to deserving students. Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college. Get Your Estimate. Future projections are based on past four years' data averaging 2.61% annual change in in-state tuition and fees and 3.14% change in out-of-state tuition and fees.
Percentage of sales method of estimating uncollectible accounts receivable. The percentage of sales method of estimating uncollectible accounts receivable is based on the relationship between uncollectible accounts receivable and the credit sales that produced them.
Accounts receivable decreased by $663 because the company received more cash from its customers than credit sales made by the company. The $663 decrease is added to sales per the income statement of $129,000 to determine the cash collections from customers reported in the cash flow statement of $129,663.