9-01A a-d (Part Level Submission) (Video) At December 31, 2019, Windsor Co. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $969,400 79,900 During 2020, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible $3,717,400 48,100 2,810,800 89,800 5. Recovery of bad debts previously written off as uncollectible 27,400 No Account Titles and Explanation 1. Accounts Receivable Debit Credit 3,717,400 Sales Revenue 2. Sales Returns and Allowances 3,717,400 48,100 Accounts Receivable 48,100 3. Cash 2,810,800 Accounts Receivable 2,810,800 4. Allowance for Doubtful Accounts 89,800 Accounts Receivable 89,800 5. Accounts Receivable 27,400 Allowance for Doubtful Accounts 27,400 (To reverse account previously written off.) Cash 27,400 Accounts Receivable 27,400 (To record the collection of accounts receivable.) Your answer is partially correct. Try again. Enter the January 1, 2020, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to (use T-accounts), and determine the balances. (Post entries in the order of journal entries presented in the pi Accounts Receivable 3 2 x 4727600 Allowance for Doubtful Accounts Your answer is partially correct. Try again. Prepare the journal entry to record bad debt expense for 2020, assuming that an aging of accounts receivable indica bad debts are $115,000. (Credit account titles are automatically indented when amount is entered. Do not Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Debit Credit 122700 122700 Your answer is incorrect. Try again. Compute the accounts receivable turnover for 2020 assuming the expected bad debt information provided in (c). (R decimal places, e.g. 25.25.) x Accounts receivable turnover ratio 2.78 times Click if you would like to Show Work for this question: Onen Show Work