Question: using the info provided, determine the amount recorded as an uncollectable accounts balance for both the percent of sales / revenue method and for the

 using the info provided, determine the amount recorded as an uncollectable

using the info provided, determine the amount recorded as an uncollectable accounts balance for both the percent of sales/revenue method and for the percent of recievables method. ABC company had $50,000 of accounts receivable to begin the period, with $2,000 in the allowance for doubtful accounts. no accounts were written off during the period. ABC company did $600,000 worth of sales ($400,000 in credit sales and $200,000 in cash sales) ABC company collected $370,000 in cash from customers who bought on account. find the following information listed in the picture:
accounts balance for both the percent of sales/revenue method and for the

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