Account for Revenue, Collections, and Uncollectibles On September 30, Hilly Mountain Party Planners had a $35,000 balance in Accounts Receivable and a $2,300 credit balance in Allowance for Uncollectible Accounts. During October, the store made credit sales of $163,000. October collections on account were $142,000, and write-offs of uncollectible receivables totaled $3,200. The required allowance at year-end is calculated to be $4,500. 1. Journalize sales, collections, write-offs of uncollectibles, and uncollectible-account expense by the allowance method during October. Explanations are not required. Show the ending balances in Accounts Receivable, Allowance for Uncollectible Accounts, and Net Accounts Receivable at October 31. How much does the store expect to collect? Show how the transaction related to Account Receivable affect the store's Balance Sheet and Income Statement as of October 31. 3. What is bad debt expense? What is receivable write-offs? What is beginning allowance? What is ending allowance? Beginning Allowance Receivables Write-offs + Bad Debt Expense Ending Allowance Please show the solution on computer