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At the beginning of the current period, Wildhorse Co. had balances in accounts receivable of 190,400 and in allowance for Doubtful accounts of $9040 (credit).
At the beginning of the current period, Wildhorse Co. had balances in accounts receivable of 190,400 and in allowance for Doubtful accounts of $9040 (credit). During the period, it had net credit sales of $839,100 and colletions of $760090. It wrote off as uncollectible accounts recevable of $6,576. However, a $3350 accounts previously written off as uncollectible was recoverd before the end of the current period. Uncollectible accounts are estimated to total 26900 at the end of the period. (omit
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