The following account balances come from the records of King Company:

During the accounting period, King recorded $21,000 of service revenue on account. The company also wrote off a $180 account receivable.

Required
a. Determine the amount of cash collected from receivables.
b. Determine the amount of uncollectible accounts expense recognized during theperiod.

Transcribed Image Text:

Beginning Balance Ending Balance $4,000 Accounts Receivable Allowance for Doubtful Accounts S4,500 150 250