Exercise 7 3A Algo Analyzing account balances for a company

Last updated: 4/26/2023

Exercise 7 3A Algo Analyzing account balances for a company using the allowance method of accounting for uncollectible accounts LO 7 1 The following account balances come from the records of Ourso Company Beginning Balance 3 226 126 Accounts receivable Allowance for doubtful accounts During the accounting period Ourso recorded 11 750 of sales revenue on account The company also wrote off a 181 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 Ending Balance 3 607 207 Required B