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Your accounts receivable clerk Ms. Barbara, to whom you pay a salary of $7,865 per month, has just purchased a new Cadillac You decide to

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Your accounts receivable clerk Ms. Barbara, to whom you pay a salary of $7,865 per month, has just purchased a new Cadillac You decide to test the accuracy of the accounts receivable balance of $105,270 as shown in the ledger. The following information is available for your first year in business. $245,630 (1) 393,250 (2) Collections from customers Merchandise purchased Ending merchandise inventory Goods are marked to sell at 50% above cost 114,950 (3) (4) Compute an estimate of the ending balance of accounts receivable from customers that should appear in the ledger and any apparent shortapes. Assume that all sales are made on account. $ The ending balance of accounts receivable from customers Apparent shortage

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