Question
9-01A a-d (Part Level Submission) (Video) At December 31, 2019, Windsor Co. reported the following information on its balance sheet. Accounts receivable Less: Allowance for
9-01A a-d (Part Level Submission) (Video) At December 31, 2019, Windsor Co. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $969,400 79,900 During 2020, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as uncollectible $3,717,400 48,100 2,810,800 89,800 27,400 automatically indented when amount is entered. Do not indent manually.) No Account Titles and Explanation Debit Credit 1. 2. 3. 4. 5. (To reverse account previously written off.) (To record the collection of accounts receivable.) Cash on
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