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a. Sales of $182,000 ( $158,000 on account; $24,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $127,000. c. Write-offs of uncollectible

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a. Sales of $182,000 ( $158,000 on account; $24,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $127,000. c. Write-offs of uncollectible receivables, $2,500. Journalize Mountaintop's transactions that occurred during January. The company uses the allowance method. Post Mountaintop's transactions to the Accounts Receivable and Allowance for Bad Debts T-accounts. Journalize Mountaintop's adjustment to record bad debts expense assuming Mountaintop estimates bad debts as 9% of accounts receivable on January 31,2024 . Post the adjustment to the appropriate T-accounts 4. Show how Mountaintop Flagpoles will report net accounts receivable on its January 31,2024 , balance sheet. transactions for Jamuary (1) (Cick the xcon to vew the transactions) Road the requitements painai entry table)

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