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Accounts Receivables Allowance for Doubtful Accounts $900,000 $ 54,000 cr During 2018, the company had the following transactions related to receivables: Sales on Account Collections
Accounts Receivables Allowance for Doubtful Accounts $900,000 $ 54,000 cr During 2018, the company had the following transactions related to receivables: Sales on Account Collections on Account Write-offs of uncollectable accounts Recovery of previously written off accounts $ $3,000,000 $2,850,000 $60,000 12,000 The balance in the Accounts Receivable account on Dec 31, 2018, before any adjusting journal entries would be: A $990,000 B$1,050,000 C$930,000 D$978,000 E $1,002,000
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