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QUESTION 4 The following information relates to a company's accounts receivable: accounts receivable balance at the beginning of the year, $360,000; allowance for uncollectible accounts
QUESTION 4 The following information relates to a company's accounts receivable: accounts receivable balance at the beginning of the year, $360,000; allowance for uncollectible accounts at the beginning, $30,000, credit sales during the year, S1,800,000; accounts receivable written off during the year $19,200; cash collections from customers: $1,740,000, the company estimates that the required year-end balance in the allowance for uncollectible socount should be $40,080 What is the your end net nocounts receivable balance
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