View Policies Current Attempt in Progress Accounts receivable transactions are provided below for J Ivanhoe Co. Dec. 31, 2023 Mar. 5, 2024 June 6, 2024 The company estimated that 5% of its accounts receivable would become uncollectible. The balances in the Accounts Receivable account and Allowance for Doubtful Accounts were $688,000 and $2,800 (debit), respectively. The company determined that R. Mirza's $3,200 account and D. Wight's $7,000 account were uncollectible. The company's accounts receivable were $726,400 before the accounts were written off. Wight paid the amount that had been written off on March 5. The company's accounts receivable were $677,800 prior to recording the cash receipt for Wight.