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What is the ending balance of accounts receivable

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Anna Co.'s Accounts Receivable has a balance of P 240,000 at the beginning of the period. The following occurred during the period.

a. Sales on account of P 300,000
b. Collection on account P 230,000
c. The collectability of P 30,000 accounts receivable is found to be doubtful.
d. P 15,000 accounts receivable are deemed worthless.
e. P 10,000 accounts receivable previously written off are subsequently collected

Problem 1: What is the ending balance of Accounts Receivable?

Reference no: EM132911557

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