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Business, 14.08.2020 01:01 dest8860

valdes corporation had a credit balance in the allowance for doubtful accounts of $62,000 at 1/1/19 during 2019, it wrote off $21,400 of accounts and collected $7,800 on accounts previously written off, the amount of bad debt expense recoginzed in 2019 is $11,000. if valdes estimates at the year end that 6% accounts receivable will prove to be uncollectible what is the account receivable balance at 12/21/2019

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valdes corporation had a credit balance in the allowance for doubtful accounts of $62,000 at 1/1/19...
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