Sliders Company
Sliders Company sells its merchandise only on credit.The following data are available at December 31,2017:
? $$\begin{array} { l r }
\text { Sales } & \$ 375,000 \
\text { Sales returns and allowances } & 12,000 \
\text { Accounts receivable-January 1, 2017 } & 60,600 \
\text { Allowance for doubtful accounts-January 1, 2017 } & 3,200 \
\text { Cash collections during 2017 } & 362,500 \
\text { Accounts written off as uncollectible during 2017 } & 2,400
\end{array}$$ ?
-Refer to the data for Sliders Company.
?
Determine the balance of Accounts Receivable at December 31,2017.

Question

Sliders Company
Sliders Company sells its merchandise only on credit.The following data are available at December 31,2017:
? $$\begin{array} { l r } 
\text { Sales } & \$ 375,000 \
\text { Sales returns and allowances } & 12,000 \
\text { Accounts receivable-January 1, 2017 } & 60,600 \
\text { Allowance for doubtful accounts-January 1, 2017 } & 3,200 \
\text { Cash collections during 2017 } & 362,500 \
\text { Accounts written off as uncollectible during 2017 } & 2,400
\end{array}$$ ?
-Refer to the data for Sliders Company.
?
Determine the balance of Accounts Receivable at December 31,2017.

Quizplus · Accepted Answer

The Answer of Sliders Company
Sliders Company sells its merchandise only on credit.The following data are available at December 31,2017:
? $$\begin{array} { l r } 
\text { Sales } & \$ 375,000 \
\text { Sales returns and allowances } & 12,000 \
\text { Accounts receivable-January 1, 2017 } & 60,600 \
\text { Allowance for doubtful accounts-January 1, 2017 } & 3,200 \
\text { Cash collections during 2017 } & 362,500 \
\text { Accounts written off as uncollectible during 2017 } & 2,400
\end{array}$$ ?
-Refer to the data for Sliders Company.
?
Determine the balance of Accounts Receivable at December 31,2017.

Sliders Company Sliders Company Sells Its Merchandise Only on Credit

Sliders Company
Sliders Company Sells Its Merchandise Only on Credit