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Accounts Receivable Dec. 31/16 Balance 71,000 350,000 374,000 2,710 180 180 Dec. 31/17 Balance 44,290 Allowance for Doubtful Accounts Dec. 31/16 Balance 2,800 180 2,200
Accounts Receivable Dec. 31/16 Balance 71,000 350,000 374,000 2,710 180 180 Dec. 31/17 Balance 44,290 Allowance for Doubtful Accounts Dec. 31/16 Balance 2,800 180 2,200 2,710 2,470 Dec. 31/17 Balance Required: Analyzing the information presented in the T-accounts above, identify the dollar value related to each of the following: Dollar value a. Credit sales during the period. b. Collection of credit sales made during the period. c. Write-off of an uncollectible account. d. Recovery of the account previously written off. e. The adjusting entry to estimate bad debts
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