Kona Espresso Machine Company makes many of its sales on account. For Year 2, its beginning...

Transcribed Image Text:

Kona Espresso Machine Company makes many of its sales on account. For Year 2, its beginning balance in Accounts Receivable was $204,000. Sales on account for the year were $918,000, and the amount of cash collected from its accounts receivable was $836,900. During the year, uncollectible accounts of $13,600 were written off. Required: What was the ending balance in Accounts Receivable? Ending balance in Accounts Receivable Kona Espresso Machine Company makes many of its sales on account. For Year 2, its beginning balance in Accounts Receivable was $204,000. Sales on account for the year were $918,000, and the amount of cash collected from its accounts receivable was $836,900. During the year, uncollectible accounts of $13,600 were written off. Required: What was the ending balance in Accounts Receivable? Ending balance in Accounts Receivable

Answer rating: 100% (QA)

To calculate the ending balance in Accounts Receivable for Kona Espresso Machine Company at the end ... View the full answer