ACCT $2101$ : Exercise $7-3$A $($Algo$)$ Analyzing account balances for A company using the allowance method of accounting for uncollectible accounts LO $7-1$

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

Beginning Balance Ending Balance

Accounts receivable $ $2,999$ $ $3,491$

Allowance for doubtful accounts $133190$

During the accounting period, Ourso recorded $$11,850$ of sales revenue on account. The company also wrote off a $$123$ account receivable.

Required:

Determine the amount of cash collected from receivables.

Determine the amount of uncollectible accounts expense recognized during the period.