The following account balances come from the records of Ourso Company. Accounts receivable Allowance for doubtful accounts Beginning Balance $ 3,141 Ending Balance $ 3,982 202 116 During the...


The following account balances come from the records of Ourso Company.<br>Accounts receivable<br>Allowance for doubtful accounts<br>Beginning Balance<br>$ 3,141<br>Ending Balance<br>$ 3,982<br>202<br>116<br>During the accounting period, Ourso recorded $12,300 of sales revenue on account. The company also wrote off a $123 account<br>receivable.<br>Required<br>a. Determine the amount of cash collected from receivables.<br>b. Determine the amount of uncollectible accounts expense recognized during the period.<br>Complete this question by entering your answers in the tabs below.<br>Required A<br>Required B<br>Determine the amount of cash collected from receivables.<br>Collections of accounts receivable<br>< Required A<br>Required B<br>><br>

Extracted text: The following account balances come from the records of Ourso Company. Accounts receivable Allowance for doubtful accounts Beginning Balance $ 3,141 Ending Balance $ 3,982 202 116 During the accounting period, Ourso recorded $12,300 of sales revenue on account. The company also wrote off a $123 account receivable. Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period. Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of cash collected from receivables. Collections of accounts receivable < required="" a="" required="" b="">

Jun 02, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions ยป

Submit New Assignment

Copy and Paste Your Assignment Here