Business
Business, 05.05.2020 19:31, blairjaneaoyrfvp

Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2021, Chez Fred's credit sales and collections were $119,000 and $139,000, respectively. What was the balance of accounts receivable on January 1, 2021, if $280 in accounts receivable were written off during 2021 and if the allowance account had a balance of $570 on December 31, 2021

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