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What is the balance of accounts receivable

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Reference no: EM133135634

Question - Roxy Company provided the following information relating to accounts receivable for the current year:

Accounts Receivable on January 1 1,300,000

Credit sales 5,400,000

Collection from customers, excluding recovery 4,750,000

Accounts written off 125,000

Collection of accounts written off in prior year (Customer credit was not reestablished} 25,000

Estimated uncollectible receivables per aging of receivables at December 31 165,000

Required - What is the balance of accounts receivable, before the allowance for doubtful accounts on December 31?

Reference no: EM133135634

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