Solution-Determine the amount of cash collected from

Determine the amount of cash collected from receivables

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Reference no: EM132178864

Question - The following account balance come from the records of Ourso Company:

	Beginning Balance	Ending Balance
Accounts receivable	$3,160	$3,811
Allowance for doubtful accounts	150	186

During the accounting period, Ourso recorded $11,100 of sales revenue on account. The company also wrote off a $150 account receivable.

Required -

a. Determine the amount of cash collected from receivables.

b. Determine the amount of uncollectible accounts expense recognized during the period.

Reference no: EM132178864

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Determine the amount of cash collected from receivables

Reference no: EM132178864

Reference no: EM132178864

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