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The general ledger account for Accounts Receivable shows a debit balance of $58,355. The Allowance for Uncollectible Accounts has a credit balance of $4,550. Net

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The general ledger account for Accounts Receivable shows a debit balance of $58,355. The Allowance for Uncollectible Accounts has a credit balance of $4,550. Net sales for the year were $465,225. In the past, 2 percent of net sales have proved uncollectible. An aging of accounts receivable accounts results in an estimate of $1 1,600 of uncollectible accounts receivable. (4 Pts) a Calculate the Uncollectible Accounts Expense. Show your work. a. Percentage of net sales method $ b. Accounts receivable aging method 5 1). Calculate the ending balance of the Allowance for Uncollectible Accounts. Show your work. a Percentage of net sales method b. Accounts receivable aging method 3

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