Question: Exercise ?-3A (Static) Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO 7-1 The following account balances come


Exercise ?-3A (Static) 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 $2,386 $3,666 Allowance for Doubtful Accounts 236 356 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. e. Collections of accounts receivable b. Uncollectible accounts expense w
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