Accounts Receivable (beginning balance) - $139,000 Allowance for doubtful accounts (beginning balance) - $11,480 ...
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Accounting
Accounts Receivable (beginning balance) - $139,000
Allowance for doubtful accounts (beginning balance) - $11,480
Net credit sales $950,000
Collections $915,000
Write-offs of accounts receivable $5,500
Collections of accounts previously written off $2,200
(c) Prepare the entries to record the recovery of the uncollectible account during the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To reverse write-off of accounts receivable) (To record collection of accounts receivable)
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