Comprehensive Accounts Receivable Example

KWW P$7-6$: On December $31,2023,$ the balance sheet of

Starsky Company included Accounts Receivable of $$182,100$

$($debit$)$ and Allowance for Uncollectible Accounts of $$17,300$

$($credit$).$ Transactions in $2024$ include the following.

Credit sales of $$250,000$ were made.

Accounts receivable of $$318,000$ were collected.

Customer accounts of $$17,500$ were written off during the

year.

At year$-$end, Allowance for Uncollectible Accounts was

estimated to need a balance of $$12,000.$ This estimate is based

on an analysis of aged accounts receivable.

Prepare all journal entries necessary to reflect the transactions

above. What amount of accounts receivable will appear in the

$2024$ balance sheet?