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At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $201,400 and in Allowance for Doubtful Accounts of
At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $201,400 and in Allowance for Doubtful Accounts of $8,570. During the period, it had net credit sales of $840,400 and collections of $758,910. It wrote off as uncollectible accounts receivable of $8,026. Uncollectible accounts are estimated to total $23,180 at the end of the period. (Omit recording cost of goods sold.)
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