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Problem 8-1A At December 31, 2018, Sheridan Company reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $978,000 82,000
Problem 8-1A At December 31, 2018, Sheridan Company reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $978,000 82,000 urng 201the compandheoloig tainselted to recalvables 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as uncollectible $4,047,880 54,000 2,769,000 81,000 26,000
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