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What amount should jay report for accounts receivable

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Reference no: EM132767520

Te Following informationsl relates to Jay Co's accounts recievable for 2019:

Account recievable 1/1/19 - 650,000

Credits sales for 2019 - 2,700,000

Sales returns for 2019 - 75,000

Acc. written for during 2019 - 40,000

Collections from customer during 12/31/19 - 2,150,000

Estimated future sales return at 12/31/19 - 50,000

Estimated uncollectible accounts at 12/31/19 - 110,000

Problem 1: What amount should Jay report for accounts receivable, before allowances for sales returns and uncollectible accounts, at December 31, 2019?

Reference no: EM132767520

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