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Endive Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $15,000 The accounts receivable balance at the beginning
Endive Company has provided the following information:
- Accounts receivable written-off as uncollectible during the year amounted to $15,000
- The accounts receivable balance at the beginning of the year was$177,000
- The accounts receivable balance at the end of the year was $199,000
- The allowance for doubtful accounts balance at the beginning of the year was $17,000
- The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,000
- Credit sales during the year totaled $997,000
How much was received from collections of accounts receivable?
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