Exercise 7-3A (Algo) Analyzing account balances for A company using the allowance method of accounting for uncollectible accounts LO 7-1

The following account balances come from the records of Ourso Company:

	Beginning Balance	Ending Balance
Accounts receivable	$ 3,238	$ 3,675
Allowance for doubtful accounts	107	210

During the accounting period, Ourso recorded $11,650 of sales revenue on account. The company also wrote off a $160 account receivable.

Required:

Determine the amount of cash collected from receivables.

Determine the amount of uncollectible accounts expense recognized during the period.