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Assume the following information for Splish Brothers Corp. Accounts receivable (beginning balance) $147,000 Allowance for doubtful accounts (beginning balance) 11,390 Net credit sales 946,000
Assume the following information for Splish Brothers Corp. Accounts receivable (beginning balance) $147,000 Allowance for doubtful accounts (beginning balance) 11,390 Net credit sales 946,000 Collections 902,000 Write-offs of accounts receivable 5,800 Collections of accounts previously written off 1,700 Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable.
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