Use the following information to calculate accounts receivable on July 31, 2015, and the amount of accounts
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Use the following information to calculate accounts receivable on July 31, 2015, and the amount of accounts receivable written off in 2015:
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July 31, 2015 2014 Accounts receivable Allowance for uncollectible accounts $ ? $175,000 (10,500) (9,200) Revenue recognized during 2015* 725,000 Collections of accounts receivable during 2015 742,000 Bad debt expense for 2015 10,000 Amount of accounts receivable written off during 2015 ? "Assume all sales are on credit
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