$8$ Sidwell Corporation had the following transactions in the month of July

Transactions

a$.$ Prepare the Journal entries for each of the above transactions

b$.$ Sidwell computes bad debt expense as

of credit sales. Credit sales for the month were

$180,000$

Prepare the journal entry for the bad debt expense on July $31$

c$.$ In addition to the above transactions, Sidwell received payments

on accounts receivables of

On July $1,$ Accounts Receivable had a debit balance of

On July $1,$ the Allowance for doubtful accounts had a credit balance of

based on the July transactions recorded above and the additional information given.

Ending Balance for Accounts Receivable

Ending Balance for Allowance for Doubtful Accounts