Question: pls help asap i will like Problem: Module 2 Textbook Problem 2 Learning Objective: 22 Use the percent of revenue method to occount for uncollectible
Problem: Module 2 Textbook Problem 2 Learning Objective: 22 Use the percent of revenue method to occount for uncollectible accounts expense The following account balances come from the records of Ourso Company: During the accounting period. Ourso recorded $11,800 of sales revenue on account. The company also wrote off a $132 account receivable. Required o. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period
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