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The accounts receivable balance for Lakeside company at December 31, 2023 was. $25,000 during the 2024 for Lakeside earned revenue of $453,000 on account and

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The accounts receivable balance for Lakeside company at December 31, 2023 was. $25,000 during the 2024 for Lakeside earned revenue of $453,000 on account and collected $321,000 on account Lakeside wrote off $5,400 receivables as uncollectible industry experience suggest that uncollectible accounts will amount to 6% of accounts receivable
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