Collection of Accounts Receivable Qeff Company reported the following amounts in its December 31, 2000, trial balance:

Qeff Company uses the allowance method for reporting uncollectible accounts and estimates that 6 percent of its credit sales will be uncollectible.

a. Determine the amount of credit sales in 2000.

b. Determine the amount of accounts receivable written off as uncollectible during 2000.

c. Assuming $831,000 of accounts receivable was collected in 2000, determine the balance in accounts receivable at December 31, 2000.

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Cash Sales Credit Sales Accounts Receivable January 1 December 31 $142,000 ? 407,000 ?