At the beginning of the current period, Windsor. Inc. had balances in Accounts Receivable of...
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Accounting
At the beginning of the current period, Windsor. Inc. had balances in Accounts Receivable of $188,000 and in Allowance for Doubtful Accounts of $8,460. During the period, it had net credit sales of $752,000 and collections of $717,220. It wrote off as uncollectible accounts receivable of $6,862. Uncollectible accounts are estimated to total $23,500 at the end of the period. (Omit recording cost of goods sold.) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts
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