15 Problem 2 Sally sold $3,000,000 worth of stuff during the year (all on account). Her beginning balance in Accounts Receivable was $200,000 and her beginning credit balance in Allowance for Doubtful Accounts was $6,000. During the year she collected $ receivables, and wrote off $9,000. She estimates that 4% of her receivables at any one time will not be collectable. 2,800,000 on he Prepare all joumal entries for the year related to the receivables (including any year end adjustment). Problem 3 What is Sally's average collection period? roblem 4 December 31, 2018 Laurel Co.'s balance in Accounts Receivable was $200,000 and the 153 Problem 21 Sally sold $3,000,000 worth of stuff during the year (all on account). Her beginning balance in Accounts Receivable was $200,000 and her beginning credit balance in Allowance for Doubtful Accounts was $6,000. During the year she collected $2,800,000 on her receivables, and wrote off $9,000. She estimates that 4% of her receivables at any one time will not be collectable Prepare all journal entries for the year related to the receivables (including any year end adjustment) Problem 3 What is Sally's average collection period? Ar December 31, 2018 Laurel Co.'s balance in Accounts Receivable was $200,000 and the