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The following account balances come from the records of Ourso Company: Beginning Balance Ending Balance Accounts receivable $ 3,188 $ 3,514 Allowance for doubtful accounts
The following account balances come from the records of Ourso Company:
Beginning Balance | Ending Balance | |
---|---|---|
Accounts receivable | $ 3,188 | $ 3,514 |
Allowance for doubtful accounts | 149 | 197 |
During the accounting period, Ourso recorded $12,200 of sales revenue on account. The company also wrote off a $173 account receivable.
Required:
Determine the amount of cash collected from receivables.
Determine the amount of uncollectible accounts expense recognized during the period.
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