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At the beginning of the current period, Metlock, Inc. had balances in Accounts Receivable of 204,000 and in Allowance for Doubtful Accounts of $9,100 (credit).
At the beginning of the current period, Metlock, Inc. had balances in Accounts Receivable of 204,000 and in Allowance for Doubtful Accounts of $9,100 (credit). During the period, it had net credit sales of $796,000 and collections of $767,000. It wrote off as uncollectible accounts receivable of $7,700. However, a $3,100 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $23,000 at the end of the period. (Omit What is the carrying amount of the receivables at the end of the period
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