-71 Question 9 of 10 INI Presented below h information for Culver Company 1 Beginning of the war Accounts Receivable balance was $22.00 2 Net sales on account for they were 5107 300. Culver does not discount 3. Collection on accounts receivable during the year were $43.900 Preparemman journal entries to record the noted above Poetry sectia Entry for the accounties and enter for the amounts Credit accounttilesore automatically indented when the amount is need. De noindent manually) No. Account Titles and Explanation Debit Credit 1 2 Accueil 10730 Sleeve 107300 3 Cash 2900 e Textbook and Media List of Accounts Compute Culverlaccounts receivable turnover and days to collect recevable for the year. The company will have any bad debts. Round answers to decimale 4573 not believe it Accounts receivable turnover times Days to collect counts receivable days eTextbook and Media List of Accounts Use the turnover ratio computed into analyze Culver's liquidity. The tumover at last year was 56. This is trend in liquidity eTextbook and Media