Foress Corporation reported the following selected information in its general ledger at December 31: All sales...

 

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Foress Corporation reported the following selected information in its general ledger at December 31: All sales were on account. Some accounts receivable were collected. One account was written off; there were no subsequent recoveries. At the end of the year, uncollectible accounts were estimated to total $1,900. Using your knowledge of receivables transactions, determine the missing amounts. (Hint: You may not be able to solve the below items in alphabetical order. In addition, you may find it helpful t reconstruct the journal entries.) Accounts Receivable Beg. bal. 18,200 55,300 (a) (b) End. bal. (c) Allowance for Doubtful Accounts Beg. bal. 1,700 900 Unadj. bal. 800 (d) End. bal. (e) Sales 77,900 Bad Debts Expense (f) Foress Corporation reported the following selected information in its general ledger at December 31: All sales were on account. Some accounts receivable were collected. One account was written off; there were no subsequent recoveries. At the end of the year, uncollectible accounts were estimated to total $1,900. Using your knowledge of receivables transactions, determine the missing amounts. (Hint: You may not be able to solve the below items in alphabetical order. In addition, you may find it helpful t reconstruct the journal entries.) Accounts Receivable Beg. bal. 18,200 55,300 (a) (b) End. bal. (c) Allowance for Doubtful Accounts Beg. bal. 1,700 900 Unadj. bal. 800 (d) End. bal. (e) Sales 77,900 Bad Debts Expense (f)