Zephyr Sewing Machine Company makes many of its sales on account. For 2014, its beginning balance in Accounts Receivable was $91,000. Sales on account for the year were $412,000, and the amount of cash collected from its accounts receivable was $394,950. During the year, uncollectible accounts of $4,050 were written off. What was the ending balance in Accounts Receivable?

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The Answer of Zephyr Sewing Machine Company makes many of its sales on account. For 2014, its beginning balance in Accounts Receivable was $91,000. Sales on account for the year were $412,000, and the amount of cash collected from its accounts receivable was $394,950. During the year, uncollectible accounts of $4,050 were written off. What was the ending balance in Accounts Receivable?

Zephyr Sewing Machine Company Makes Many of Its Sales on Account