Wilton Corporation reported the following information in its general ledger at December 31:

All sales were on account. At the end of the year, uncollectible accounts were estimated to total $2,000 based on an aging schedule.
Instructions
Using your knowledge of receivables transactions, determine the missing amounts.

Transcribed Image Text:

Accounts Receivable Sales Beg, bal. 18,000 60,000 56,000 End. bal. Allowance for Doubtful Accounts Bad Debts Expense Beg, bal. 1,800 1,000 End. bal.