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Apollo Grop.I Aust 31 1112 $ 1,571,01-, $ 1,2M, TO Cash Accounts receivable, less allowance of $178,as and $192,850 in 2012 and 2011, respectively Other

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Apollo Grop.I Aust 31 1112 $ 1,571,01-, $ 1,2M, TO Cash Accounts receivable, less allowance of $178,as and $192,850 in 2012 and 2011, respectively Other arrent assets Total carent assets 726,360 741,582 $ 2,3,986 $ 2.253,212 195,630 Apoilo Group. inc., parent of university of Phoenix, is a for-profit provider of higher education. in general, this industry has a high percentage of ollectible accounts from students who can't ultimately pay tuition. If write-offs in 2012 were $245.255. what journal entry did Apollo make in 2012 to record bad debt expense? 2012. Apollo earned tution revenue of $4,733,000. Assume all of this was on account. if write-offs were $245,255, how much cash did Apollo collect in 2012 from students for tuition? Remember to show your work

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