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

During the accounting period, Ourso recorded $14,000 of sales revenue on account. The company also wrote off a $150 account receivable.
Required
a. Determine the amount of cash collected from receivables.
b. Determine the amount of uncollectible accounts expense recognized during the period.

Transcribed Image Text:

Beginning Balance Ending Balance Accounts Receivable Allowance for Doubtful Accounts $2,800 280 $3,600 350