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At the beginning of the current period, Blue Corp. had balances in Accounts Receivable of $219,000 and in Allowance for Doubtful Accounts of $8,700 (credit).

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At the beginning of the current period, Blue Corp. had balances in Accounts Receivable of $219,000 and in Allowance for Doubtful Accounts of $8,700 (credit). During the period, it had net credit sales of $830,000 and collections of $788,500. It wrote off as uncollectible accounts receivable of $6,500. However, a $3,300 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $25,100 at the end of the period. (Omit cost of goods sold entries) (a) Accounts Receivable Soles Revenue 830,000 (Torecord sales) Cish 788,500 Accounts Receivable 788,500 (To record cash collected during the period) (b) Allowance for Doubttul Accounts 6,500 Accounts Receivable (c) Accounts Reccivable 3,300 6,500 Allowance for Doubtful Accounts (To reinstate account previously written off) 3.300 cosh 3,300 Accounts Recelvable 3300 X Your answer is incorrect. Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts

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