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Question 2 of 6 View Policies < > Current Attempt in Progress Accounts receivable transactions are provided below for J Sunland Co. Dec. 31,
Question 2 of 6 View Policies < > Current Attempt in Progress Accounts receivable transactions are provided below for J Sunland Co. Dec. 31, 2023 Mar. 5, 2024 June 6, 2024 -/15 : The company estimated that 4% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $612,000 and $2,500 (debit). respectively. The company determined that R. Mirza's $3,700 account and D. Wight's $7,400 account were uncollectible. The company's accounts receivable were $646,500 before the accounts were written off. Wight paid the amount that had been written off on March 5. The company's accounts receivable were $600,900 prior to recording the cash receipt for Wight. (a)
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