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The December 31, 2020 balance sheet of Barone Company had Accounts Receivable of $400,000 and a credit balance in Allowance for Doubtful Accounts of $32,000.

The December 31, 2020 balance sheet of Barone Company had Accounts Receivable of $400,000 and a credit balance in Allowance for Doubtful Accounts of $32,000. During 2021, the following transactions occurred: sales on account $1,500,000; sales returns and allowances, $50,000; collections from customers, $1,250,000; accounts written off $36,000; previously written off accounts of $6,000 were collected.

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scesurita of $6.000 were collected. Jearnalite the 2021 transactions. (Credit accoset billes are autematically indented wheh the emovent is enterrd. De not indent matualle.) indented when the amount is enleced. De not ladent menuaily? scesurita of $6.000 were collected. Jearnalite the 2021 transactions. (Credit accoset billes are autematically indented wheh the emovent is enterrd. De not indent matualle.) indented when the amount is enleced. De not ladent menuaily

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