Question: the last answer was not clear would you please re-answer this for me Glendale Sporting Goods reports the following on its 2016 balance sheet: Accounts

the last answer was not clear would you please re-answer this for me

Glendale Sporting Goods reports the following on its 2016 balance sheet: Accounts receivable $328,000 Less: allowance for uncollectible accounts (21, 720) Accounts receivable, net of allowance $306.280 Company records reveal that Denise Butler owes Glendale Sporting Goods $4.600. Just after 2016 year- end. Denise Butler declares bankruptcy and it becomes clear to Glendale Sporting Goods that the company will not be able to recover any money from Butler. Indicate how this information affects: a) the balance sheets and b) the income statements in 2016 and 2017

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