Zephyr Sewing Machine Company Makes Many of Its Sales on Account

Essay

Zephyr Sewing Machine Company makes many of its sales on account. For 2014, its beginning balance in Accounts Receivable was $91,000. Sales on account for the year were $412,000, and the amount of cash collected from its accounts receivable was $394,950. During the year, uncollectible accounts of $4,050 were written off. What was the ending balance in Accounts Receivable?