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1 pic 2 pic At the beginning of the current period, Sheffield Corp tad balances in Accounts Receivable of 205000 and in Allowance for Doubt

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At the beginning of the current period, Sheffield Corp tad balances in Accounts Receivable of 205000 and in Allowance for Doubt ful Acceunts of $9500 kredith. During the period, it had net credit sales of $799,000 and collections of $770,000. it wrote off ar uncollectable accounts receivable of $7,000. However, a $3,000 account previousty written off as uncollectible was recopered before the end of the current period. Uncollextible accounts are estimgted to fotal $27.000 at the end of the per iod. (Omit cost of zoods sold entries] (a) Prepare the entries torecord sales and collectiom during the periad. (b) Prepare the entry to record the write off of uncollectitile accounts dueing the period. (c) Prepare the entries to recond the recavery of the uncollectale account during the period: (d) Prepare the entry to record bid debt exaense for the period. amosints. (ist all debit entries before crefit entries) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts What is the carrying amount of the receivables at the end of the period? Carrying amount of receivables

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