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1. On December 31,2023 , Accounts Receivable was $614. thousand and the Allowance for Doubtful Accounts was $36.6 thousand. 2. The receivables turnover was 8.3

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1. On December 31,2023 , Accounts Receivable was $614. thousand and the Allowance for Doubtful Accounts was $36.6 thousand. 2. The receivables turnover was 8.3 the previous year. Instructions a. Prepare the assets section of the balance sheet. b. Calculate the receivables turnover and collection period. Compare these results with the previous year's results and comment on any trends

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