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At December 31, 2020, before any year-end adjustments, the Accounts Receivable balance of Sweeter than Sugar Ltd. is $545,000. The company's Allowance for Uncollectible Accounts

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At December 31, 2020, before any year-end adjustments, the Accounts Receivable balance of Sweeter than Sugar Ltd. is $545,000. The company's Allowance for Uncollectible Accounts has a $6,000 credit balance. Sweeter than Sugar Ltd. prepares the following aging schedule for its accounts receivable: 61-90 Days Total Balance $545,000 Estimated uncollectible 0-30 Days $380,000 0.5% 31-60 Days $100,000 1.0% $50,000 Over 90 Days $15,000 40% 15% Required: Drag and drop to complete the following to show how Sweeter than Sugar Ltd. will report Accounts Receivable on its December 31 balance sheet: Accounts receivable Less: allowance for uncollectible accounts Accounts receivable, net 545,000 380,000 1,900 100,000 1,000 50,000 7,500 15,000 6,000 16,400 528,600 378,100 19,000 33,500 511,500

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