Question: Hello! please answer all parts to the question clearly please its sometimes hard to understand the experts please thank you! provide the answer TO EACH
A company's year-end balance in accounts receivable is $2,900,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $45,000. An aging of accounts receivable at the end of the year indicates a required allowance of $53,000. If bad debt expense for the year was $55,000, and if credit sales for the year were $8,400,000, and $7,450,000 was collected from credit customers, what was the beginning- of-year balance in accounts receivable? Beginning balance in A/R A company's year-end balance in accounts receivable is $2,900,000. The allowance for uncollectible accounts had a beginning-of-year credit balance of $45,000. An aging of accounts receivable at the end of the year indicates a required allowance of $53,000. If bad debt expense for the year was $55,000, and if credit sales for the year were $8,400,000, and $7,450,000 was collected from credit customers, what was the beginning- of-year balance in accounts receivable? Beginning balance in A/R
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