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Assuming the following information for Larry Corp Assume the following information for Larry Corp. Uncollectible accounts are expected to be 8% of the ending balance

image text in transcribedimage text in transcribedAssuming the following information for Larry Corp

Assume the following information for Larry Corp. Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. (a) Prepare the entries to record sales and collections during the period. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Prepare the entries to record sales and collections during the period. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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