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The following account balances come from the records of Ourso Company: During the
accounting period, Ourso recorded $11 , 150 of sales revenue on account. The company also
wrote off a $187 account receivable: Required a. Determine the amount of cash collected from
receivables. b. Determine the amount of uncollectible accounts expense recognized during the
period.

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The following account balances come from the records of Ourso Company-.pdf

  • 1. The following account balances come from the records of Ourso Company: During the accounting period, Ourso recorded $11 , 150 of sales revenue on account. The company also wrote off a $187 account receivable: Required a. Determine the amount of cash collected from receivables. b. Determine the amount of uncollectible accounts expense recognized during the period.