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Assume the following information for Windsor Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful accounts (beginning balance) 11,450 Net credit sales 940,000 Collections
Assume the following information for Windsor Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful accounts (beginning balance) 11,450 Net credit sales 940,000 Collections 917,000 Write-offs of accounts receivable 5,600 Collections of accounts previously written off 1,600 Uncollectible accounts are expected to be 9% of the ending balance in accounts receivable. Determine the ending balance in Accounts Receivable and the unadjusted balance in Allowance for Doubtful Accounts. Ending balance in Accounts Receivable $ Unadjusted balance in Allowance for Doubtful Accounts $
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