Help with accounting homework please?!?

Help with accounting homework please?!?




1. A company started with A/R of $61,558 and an allowance for uncollectible accounts of $160,646. During the year, they had credit sales of $865,601, cash sales of $3,598 and wrote-off accounts receivable of $4,131. At year end, the company had A/R of $58,678. What were cash collections from customers on account?



2. A company starts with accounts receivable of $66,685 and an allowance for doubtful accounts of $7,389. During the year, they have $687,785 of credit sales, $227,691 of cash sales and $6,415 of accounts written off. The company estimates that 2% of credit sales will be uncollectible. What is the AJE required at year end? (Do NOT enter any commas, dollar signs, etc. Just enter the number ROUNDED TO THE NEAREST DOLLAR)



3. A company starts with accounts receivable of $52,400 and an allowance for doubtful accounts of $6,652. During the year, they have $670,874 of credit sales, $176,929 of cash sales and $5,062 of accounts written off. The company estimates that $7,940 of accounts receivable will be uncollectible. What is the AJE required at year end? (Do NOT enter any commas, dollar signs, etc. Just enter the number)



4. A company starts with accounts receivable of $62,970 and an allowance for doubtful accounts of $6,070. During the year, they have $600,998 of credit sales, $238,364 of cash sales and $7,951 of accounts written off. The company estimates that $6,925 of accounts receivable will be uncollectible. What is the ending balance of the allowance account after all AJEs? (Do NOT enter any commas, dollar signs, etc. Just enter the number)



5. A company starts with accounts receivable of $72,795 and an allowance for doubtful accounts of $7,491. During the year, they have $658,532 of credit sales, $207,531 of cash sales and $6,441 of accounts written off. The company estimates that 2% of credit sales will be uncollectible. What is the ending balance of the allowance account after all AJEs? (Do NOT enter any commas, dollar signs, etc. Just enter the number ROUNDED TO THE NEAREST DOLLAR)


Update : Any and all help would be greatly appreciated!





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