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. A company's allowance for doubtful accounts is $11,000 on 1/1/2018 and $16,000 on 1/1/2019. During 2018, bad debts expenses were estimated to be 3%

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. A company's allowance for doubtful accounts is $11,000 on 1/1/2018 and $16,000 on 1/1/2019. During 2018, bad debts expenses were estimated to be 3% on net credit sales of$250,000. During 2018, what was the amount of accounts receivable written off as uncollectible? (use T accounts and circle your answer) Accounts Receivable Allowance for D. A. Bad Debt Expense At 1/1/18 Nelson Corp. reported a balance in Accounts Receivable of $350,000 and a credit balance in the Allowance for Doubtful Accounts of $20,000. During 2018 Nelson Corp reported the following information: . Credit sales $475,000 .Cash sales of $10,000 2. 2% ofall credit sales historically are proven to be uncollectible . Wrote off accounts considered uncollectible of $1,400 . Collected $400,000 from customers (from-credit sales only) Recovered an additional $2,000 in accounts that had previously been written off (this amount is not included in the $400,000 collected above) What is the balance of the Accounts Receivable, Net at 12/31/182 (use T accounts to solve)

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