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D Question 7 The following information pertains to Cameron Co.'s accounts receivable on December 31, 2020 Days Outstanding 0-30 days 31-90 days 90 days Amount
D Question 7 The following information pertains to Cameron Co.'s accounts receivable on December 31, 2020 Days Outstanding 0-30 days 31-90 days 90 days Amount $520,000 $100,000 $20,000 Estimated % Uncollectible 6% 9% 1196 5 pts On December 31, 2019, the balance in allowance for doubtful accounts was $44,000. During 2020, Cameron wrote off $12,000 in receivables and recovered $6,000 that was written off in prior years. Under the aging of receivables method, what is the ending balance of the allowance for doubtful accounts on December 31, 20207 O 42,400 O 38,000 80,400 4,400 O 38,000
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