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Hello I would like help with this peoblem from my accounting practice. Thank you! During August 2018, Lough Company recorded the following Sales of $125,400

Hello I would like help with this peoblem from my accounting practice. Thank you!

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During August 2018, Lough Company recorded the following Sales of $125,400 ($111,000 on account $14,400 for cash). Ignore Cost of Goods Sold. Collections on account, $96,600 Write-offs of uncollectible receivables, $2,210 Recovery of receivable previously written off, $1,000 *

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