Accounting

Exercise 8-9 Analyzing receivables and allowance for doubtful accounts L01, 2, 3 Dec. 31/19 Balance Accounts Receivable 68, 000 320,090 341,080 2,470 150 Dec. 31/20 Balance 150 44, 530 Allowance for Doubtful Accounts 2,830 Dec. 31/19 Balance 150 2,470 1,908 2,410 Dec. 31/20 Balance Required: Analyzing the information presented in the T-accounts above, identify the dollar value related to each of the following a. Credit sales during the period. b. Collection of credit sales made during the period. c. Write-off of an uncollectible account. Next >