Determine the amount of uncollectible accounts expense


The following account balances come from the records of King Company:

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During the accounting period, King recorded $21,000 of service revenue on account. The company also wrote off a $180 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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Accounting Basics: Determine the amount of uncollectible accounts expense
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