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At the beggining of the current period, splish corp. had balances in accounts receviable of 288,000 and in allowance for doubtful accounts of 8100(credit). During
At the beggining of the current period, splish corp. had balances in accounts receviable of 288,000 and in allowance for doubtful accounts of 8100(credit). During the period, it had net credit sales of 895,000 and collections of 850,250. It wrote off as uncollectible accounts recivable of 6700. however a 3600 account previously written off as uncollectable was recovered before the end of the current period. Uncollectible accounts are estimated to total 25000 at the end of the period
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