1. The following data relate to accounts receivable of ABC company for the year 20X1

Accounts receivable- 650,000

Credit sales- 2,700,000

Sales returns- 75,000

Accounts written off- 40,000

Collections from customer- 2,150,000

Estimated future sales returns at 12/31 -50,000

Estimated uncollectible account at 12/31- 110,000

What amount should ABC company report for accounts receivable, before allowances for sales returns and uncollectible accounts at December 31,20X1?

2. R company had the following information relating to it's accounts receivable for the year ended December 31,20X2:

Accounts receivable at January 1- 1,200,000

Allowance for doubtful accounts at January 1- 60,000

Credit sales- 5,300,000

Collections from customers- 4,650,000

Accounts written off- 75,000

Estimated uncollectible receivable at December 31- 110,000

At December 31,20X2, R's allowance for doubtful accounts should be?

3. At December 31,20X2, R's accounts receivable, before allowance for doubtful accounts should be?