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A company's year-end balance in accounts receivable is $2,000,000. The allowance for uncollectible accounts had a beginning of year credit balance of $30,000. An aging

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A company's year-end balance in accounts receivable is $2,000,000. The allowance for uncollectible accounts had a beginning of year credit balance of $30,000. An aging of accounts receivable at the end of the year indicates a required allowance of $38,000 If bad debt expense for the year was $40,000 and if credit sales for the year were $8,200,000 and $7.950,000 was collected from credit customers, what was the beginning-of-year balance in accounts receivable? Bginning balance in AR T Record the cash collection on December 15. Note: Enter debits before credits Debit Credit s 42,000 Date General Journal December 15, 2021 Cash Sales discounts Accounts receivable 840 C w P B Required information 1 N Record the entry for cash received against notes receivable along with interest. Note: Enter debits before credits. Event General Journal Debit Credit 1 700 Cash Notes Receivable 700 View general Journal Clear entry Record entry

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