W. Masam Med Init Page Layout Form Date C 1. AT FOR X cu a Copy White Jun Cheband AN HA Xnet Accounts receivable 1 Information related to accounts receivable per 2 At the beginning of the your PCorp has a balance of 50.000 insccounts receivable and $220.000 in the wence for down counts Sales for the yewe of the amount were on Credit Cash payments on account were $12.0,000, Sales returns were Accounts of 102.000 were written 4 $12.900 was suequently covered and collected. This $32,000 was inition to the collection preventioned At year-end, a review indication that of outstanding accounts receivable were collectible, but that there was no risk of the sales retums 0 7 Heured show how net accounts receivale would be reported on the statement of Financial posto, calculate tuddette for the year 9 10 11 12 Answer 13 14 The ending balances in Accounts receivable and allowancare 15 16 Accounts Receivable 17 Debit -Credit 11 2450000 12905000 19 13510000 340000 W. Masam Med Init Page Layout Form Date C 1. AT FOR X cu a Copy White Jun Cheband AN HA Xnet Accounts receivable 1 Information related to accounts receivable per 2 At the beginning of the your PCorp has a balance of 50.000 insccounts receivable and $220.000 in the wence for down counts Sales for the yewe of the amount were on Credit Cash payments on account were $12.0,000, Sales returns were Accounts of 102.000 were written 4 $12.900 was suequently covered and collected. This $32,000 was inition to the collection preventioned At year-end, a review indication that of outstanding accounts receivable were collectible, but that there was no risk of the sales retums 0 7 Heured show how net accounts receivale would be reported on the statement of Financial posto, calculate tuddette for the year 9 10 11 12 Answer 13 14 The ending balances in Accounts receivable and allowancare 15 16 Accounts Receivable 17 Debit -Credit 11 2450000 12905000 19 13510000 340000