This document provides an example of accounting for receivables. It discusses accounting for uncollectible receivables as of December 31, 2012 for Company A. The total receivables were $92,000 and uncollectible receivables were $2,000 which were written off as of December 31, 2012. It also provides an example of XYZ Ltd which had total sales of $20,00,000 and receivables of $5,00,000 as of December 31, 2013 but $2,500 owed by a customer will not be collectible and should not be accounted as receivables.