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Inge Co. determined that the net value of its accounts receivable at December 31, 2020, based on an aging of the receivables, was P325,000. Additional information is as follows:
Allowance for uncollectible accounts-1/1/20 30,000
Uncollectible accounts written off during 2020 18,000
Uncollectible accounts recovered during 2020 2,000
Accounts receivable at 12/31/20 350,000
Question 1: For 2020, what would be Inge's uncollectible accounts expense?
In the space provided beneath each part of this question, briefly discuss how a successful implementation of an ERP would help overcome this issue
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