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Exercise 5-3A (Algo) Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO 5-1 The following account balances come

image text in transcribed Exercise 5-3A (Algo) Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO 5-1 The following account balances come from the records of Ourso Company: During the accounting period, Ourso recorded $12,850 of sales revenue on account. The company also wrote off a $142 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period

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