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The following account balances come from the records of Ourso Company: Beginning Balance $2,624 139 Ending Balance $3,921 179 Accounts receivable Allowance for doubtful accounts
The following account balances come from the records of Ourso Company: Beginning Balance $2,624 139 Ending Balance $3,921 179 Accounts receivable Allowance for doubtful accounts During the accounting period, Ourso recorded $12,350 of sales revenue on account. The company also wrote off a $181 account receivable. Required a. Determine the amount of cash collected from receivables. Collections of accounts receivable b. Determine the amount of uncollectible accounts expense recognized during the period. Uncollectible accounts expense
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