Business, 13.11.2019 03:31 cragajjar2

The accounts receivable balance for renue spa at december 31, 2017, was $61,000. also on that date, the balance in the allowance for doubtful accounts was $3,750. during 2018, $2,100 of accounts receivable were written off as uncollectible. in addition, renue unexpectedly collected $500 of receivables that had been written off in a previous accounting period. services provided on account during 2018 were $215,000, and cash collections from receivables were $218,000. uncollectible accounts expense was estimated to be 2 percent of the sales on account for the period.

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a. organize the information in accounts under an accounting equation.

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The accounts receivable balance for renue spa at december 31, 2017, was $61,000. also on that date,...

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