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The Following Information Is from the Records of Armadillo Camera

question 80

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The following information is from the records of Armadillo Camera Shop:
 Accounts receivable, 31 December 2016 $22,000 (debit)   Allowance for doubtful debts, 31 December 2016  prior to adjustment 900 (debit)   Net credit sales for 2016 94,000 Accounts written off as uncollectable during 2016 400\begin{array} { | l | l | } \hline \text { Accounts receivable, 31 December 2016 } & \$ 22,000 \text { (debit) } \\\hline \text { Allowance for doubtful debts, 31 December 2016 } & \\\hline \text { prior to adjustment } & 900 \text { (debit) } \\\hline \text { Net credit sales for 2016 } & 94,000 \\\hline \text { Accounts written off as uncollectable during 2016 } & 400 \\\hline\end{array}
Bad debts expense is estimated by the ageing of accounts receivable method.Management estimates that $3150 of accounts receivable will be uncollectable.Calculate the amount of net accounts receivable after the adjustment for bad debts.


Definitions:

Inappropriately Loud Voice

Speaking at a volume that is considered excessively high for the given social or contextual setting, often leading to discomfort or disturbance.

Talking

The act of communicating verbally, using spoken words to convey ideas, thoughts, or feelings.

Compensate

To make amends; be equivalent to.

Hearing Loss

A partial or total inability to hear, which can be due to genetic factors, aging, exposure to noise, or medical conditions.

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