At the end of 2016, Karras Inc. had a debit balance of $141,120 in its accounts receivable. Additionally, Karras had a credit balance in its allowance for doubtful accounts of $4,350 and $9,420 at the beginning and end of the year, respectively. During the year, Karras made credit sales of $1,530,000, collected receivables in the amount of $1,445,700, and recorded bad debt expense of $83,750.

Compute the amount of accounts receivable that Karras wrote off during the year and the amount of accounts receivable at the beginning of the year.

Accounts Receivable written off $

Accounts Receivable at 1/1/2016 $

The answer is given below

Explanation:

Allowance for doubtful accounts-opening    $4,350

Allowance for doubtful accounts-closing        ($9,420)

Bad Debt Expense                                          $83,750

Accounts Receivable Written off                $78,680

Accounts receivable-closing                       $141,120

Sales made made during the year          ($1,530,000)

Account receivables-collected                   $1,445,700

Accounts Receivable-Written off                  $78,680

Accounts Receivable opening                           $135,500

answer; /// (b) i believe its that is paid to state and federal taxing authorities;

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.