Using the following amounts (in thousands) reported in Agilysys, Inc. and Subsidiaries consolidated balance sheets and statements of income at March 31, 2007 and 2006, and the valuation schedule, analyze the receivables and allowance account for allyears.

Transcribed Image Text:

(in thousands) 2007 2006 474,570$468,984 Net Revenues Accounts receivable, net of allowances for customer adjustments and doubtful accounts of $1,186 in 2007, $3,311 in 2006 116,735 111,903 Schedule -Valuation and Qualifying Accounts Years ended March 31, 2007, 2006, and 2005 alance at beginning of period Charged to costs and Charged to other Balance at end of expenses accounts Deduction period 2007 Allowance for 2006 Allowance for 2005 Allowance for $(1,547) doubtful accounts $2,588 881 $305 (a) $(463) $3311 $(430 doubtful accounts $3,311 $(578) $1,186 $(265) $2,588 (a) The $305 represents allowance for doubtful accounts acquired in business combinations doubtful accounts $3,283