An aging analysis estimates that 8% of year-end accounts receivable are uncollectible.
Cash sales $2,093,160
Credit sales $3,533,000
Accounts receivable $1,070,499 debit
Allowance for doubtful accounts $21,220 debit
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An aging analysis estimates that 8% of year-end accounts receivable are uncollectible.
Cash sales $2,093,160
Credit sales $3,533,000
Accounts receivable $1,070,499 debit
Allowance for doubtful accounts $21,220 debit
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