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Exercise 7-3A Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO 7-1 The following account balances come from

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Exercise 7-3A 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 Ending Balance Balance Accounts receivable $2,692 $3,464 Allowance for doubtful accounts 121 182 During the accounting period, Ourso recorded $12,650 of sales revenue on account. The company also wrote off a $176 account receivable. Required a. Determine the amount of cash collected from receivables, Collections of accounts receivable b. Determine the amount of uncollectible accounts expense recognized during the period

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