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Compute what should be the balance in accounts receivable

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At the end of its first year of operations, December 31, 2019. Cauayan, Inc. reported the following information:

Accounts receivable, net of allowance for doubtful accounts 9,500,000
Customer account written off as uncollectible during 2019 240,000
Bad debts expense for 2019 840,000'

Problem 1: What should be the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts?

Reference no: EM132779316

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