The following information relates to Charleston Co.'s accounts receivable for 2021:   Accounts receivable balance, 1/1/2021 $ 840,000   Credit sales for 2021   3,300,000   Accounts receivable written off during 2021   70,000   Collections from customers during 2021   3,100,000   Allowance for uncollectible accounts balance, 12/31/2021   210,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following information relates to Charleston Co.'s accounts receivable for 2021:

 

Accounts receivable balance, 1/1/2021

$

840,000

 

Credit sales for 2021

 

3,300,000

 

Accounts receivable written off during 2021

 

70,000

 

Collections from customers during 2021

 

3,100,000

 

Allowance for uncollectible accounts balance, 12/31/2021

 

210,000

 

 

What amount should Halloran report for accounts receivable, before allowances, at December 31, 2021?

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