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The following account balances come from the records of Ourso Company: Accounts receivable Allowance for doubtful accounts Beginning Balance $ 2,739 129 Ending Balance $3,880
The following account balances come from the records of Ourso Company: Accounts receivable Allowance for doubtful accounts Beginning Balance $ 2,739 129 Ending Balance $3,880 192 During the accounting period, Ourso recorded $12,350 of sales revenue on account. The company also wrote off a $140 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period. a. Collections of accounts receivable b. Uncollectible accounts expense
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