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The following account balances come from the records of Ourso Company: Beginning Balance Ending Balance Accounts receivable $ 2,668 $ 3,859 Allowance for doubtful accounts
The following account balances come from the records of Ourso Company:
Beginning Balance | Ending Balance | |||||
Accounts receivable | $ | 2,668 | $ | 3,859 | ||
Allowance for doubtful accounts | 117 | 199 | ||||
During the accounting period, Ourso recorded $11,700 of sales revenue on account. The company also wrote off a $161 account receivable. Required a. Determine the amount of cash collected from receivables.
b. Determine the amount of uncollectible accounts expense recognized during the period.
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