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The following information comes from the accounts of James Company Account Title Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Interest Receivable Beginning Balance $25,900

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The following information comes from the accounts of James Company Account Title Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Interest Receivable Beginning Balance $25,900 1,790 50,200 860 Ending Balance $35, 200 2,360 50,200 $ 4,876 Required a. There were $183,200 of sales on account during the accounting period. Write-offs of uncollectible accounts were $1,800. What was the amount of cash collected from accounts receivable? What amount of uncollectible accounts expense was reported on the income statement? What was the net realizable value of receivables at the end of the accounting period? b. The note receivable has a two-year term with a 8.00 percent interest rate. What amount of Interest revenue was recognized during the period? How much cash was collected from interest? (Round final answers to whole dollars.) a Cash collected Uncollectible accounts experto Not realizable value b. Interest revenue recognized for the period Cash collected from interest

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