Question

The following account balances come from the records of Cuevas Company:

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During the accounting period, Cuevas recorded $11,000 of sales revenue on account. The company also wrote off an $120 account receivable.

Required
a. Determine the amount of cash collected from receivables.
b. Determine the amount of uncollectible accounts expense recognized during theperiod.


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  • CreatedOctober 26, 2013
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