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Determine the amount of cash collected from receivables

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Reference no: EM132178864

Question - The following account balance come from the records of Ourso Company:

 

Beginning Balance

Ending Balance

Accounts receivable

$3,160

$3,811

Allowance for doubtful accounts

150

186

During the accounting period, Ourso recorded $11,100 of sales revenue on account. The company also wrote off a $150 account receivable.

Required -

a. Determine the amount of cash collected from receivables.

b. Determine the amount of uncollectible accounts expense recognized during the period.

Reference no: EM132178864

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