Reference no: EM132484190

Assume the following information for Metlock Corp.

Accounts receivable (beginning balance) $154,000

Allowance for doubtful accounts (beginning balance) 11,360

Net credit sales 936,000

Collections 917,000

Write-offs of accounts receivable 6,300

Collections of accounts previously written off 1,900

Uncollectible accounts are expected to be 7% of the ending balance in accounts receivable.

Question 1: How do determine ending balance in accounts receivable and unadjusted balance in allowance for doubtful accounts

Question 2: how do find the bad debt expense for the period

Question 3: how do find the ending (adjusted) balance in allowance for doubtful accounts