Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts...
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Accounting
Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off $139,000 11,370 944,000 908,000 5,300 1,800 Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. Determine the ending balance in Accounts Receivable and the unadjusted balance in Allowance for Doubtful Accounts. Ending balance in Accounts Receivable $ 169700 Unadjusted balance in Allowance for Doubtful Accounts $ 135500
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