Calculate the ending balance of accounts receivable at june, Managerial Accounting

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Calculate the ending balance of accounts receivable at june

Problem

On 1 January, the balance in the accounts receivable account for James Pty Ltd was $4 125. During the next six months, credit sales amounted to $13 075 and clients paid $14 560 to settle their accounts after allowances for goods returned by clients of $ 240. At 30 June, James Pty Ltd has decided to write off accounts receivable of $ 450 as a bad debt.

Calculate the ending balance of 'Accounts receivable' at 30 June.

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Managerial Accounting: Calculate the ending balance of accounts receivable at june

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Managerial Accounting: Calculate the ending balance of accounts receivable at june

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