Assume the following information for Metlock Corp. 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 Account Titles and Explanation Accounts Receivable $154,000 Uncollectible accounts are expected to be 7% of the ending balance in accounts receivable. Sales Revenue 11,360 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.) (To record sales on account) 936,000 917,000 6,300 1,900 Debit 936000 917000 Credit 936000

Assume the following information for Metlock Corp. Accounts receivable (beginning balance) $154,00011,360936,000917,0006,3001,900 Allowance for doubthil accounts (beginning balance) Netcreditsales Collections Write-offs of accounts recelvable Collections of accounts previously written off Uncollectible accounts are expected to be 7% of the ending balance in accounts recelvable amount is entered oo not indent mannally) (To.rechir sales on account) (To record sales on account) Accounts Reciewbile (To record collection of accounts recevable) eTextbookand Media List of Accounts indented when the anouat is entered. Der not indert mianualy) eTestbook and Media ustofaccounts Prepare the entries to record the recovery of the uncollectible account during the period. NCredit dcceunt theles are autsmatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit (To reverse write-off of accourns receivable) (To tecoed colection of accounts recevable) eTextbook and Media List of Accounts 4 Account Titles and Explanation Debit Credit eTextbook and Medis List of Accounts eTeatbook and Media Listod Accesuists Aftempti 0 d 3 used Determine the ending balance in Accounts Receivable and the unadjusted balance in Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Unadjusted balancein Aliowance for Doubtful Accounts s erextbook and Media List of Accounts entered Do not indent manualk? Account Titles and Explanation Debit Credit inteatbook and Media List of Accounts