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Business, 18.03.2021 01:10 anaisabelx7654

At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doubtful Accounts of $9,630 (credit). During the period, it had net credit sales of $860,400 and collections of $687,720. It wrote off as uncollectible accounts receivable of $7,381. However, a $2,859 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $23,070 at the end of the period. (Omit cost of goods sold entries.) Required:
Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts.

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At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $187,8...
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