On

JuneJune

30,

CandyCandy

Party Planners had a

$ 35 comma 000$35,000

balance in Accounts Receivable and a

$ 2 comma 334$2,334

credit balance in Allowance for Uncollectible Accounts. During

JulyJuly,

CandyCandy

made credit sales of

$ 192 comma 000$192,000.

JulyJuly

collections on account were

$ 168 comma 000$168,000,

and write-offs of uncollectible receivables totaled

$ 2 comma 860$2,860.

Uncollectible-accounts expense is estimated as

1 %1%

of credit sales. No sales returns are expected. Ignore cost of goods sold.