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Assume the following information for Marin Corp. $162,000 11.410 934,000 Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs

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Assume the following information for Marin Corp. $162,000 11.410 934,000 Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off 911,000 6,300 1,600 Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable. (a) Your answer is correct. Prepare the entries to record sales and collections during the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation 934000 Accounts Receivable 934000 Sales Revenue (To record sales on account) 911000 Cash 911000 Accounts Recevable To record collection of accounts receivable) (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually) Debit Credit Account Titles and Explanation e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Anwar Save for Later

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