Question: Could you help me with this accounting question? Thanks! Current Attempt in Progress The statement of financial position of Monty SA at December 31, 2021,

Could you help me with this accounting question? Thanks!

Could you help me with this accounting question? Thanks! Current Attempt in

Current Attempt in Progress The statement of financial position of Monty SA at December 31, 2021, includes the following (in thousands). Transactions in 2022 include the following. 1. Accounts receivable of R$128,400 were collected including accounts of R$54,000 on which 2% sales discounts were allowed. 2. R$4,840 was received in payment of an account which was written off the books as worthless in 2021. (Hint: Reestablish the receivable account.) 3. Customer accounts of R$16,100 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of R$18,400. This estimate is based on an analysis of aged accounts receivable. Current Attempt in Progress The statement of financial position of Monty SA at December 31, 2021, includes the following (in thousands). Transactions in 2022 include the following. 1. Accounts receivable of R$128,400 were collected including accounts of R$54,000 on which 2% sales discounts were allowed. 2. R$4,840 was received in payment of an account which was written off the books as worthless in 2021. (Hint: Reestablish the receivable account.) 3. Customer accounts of R$16,100 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of R$18,400. This estimate is based on an analysis of aged accounts receivable

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