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At the beginning of the current period, Bramble Corp. had balances in Accounts Receivable of $ 196,800 and in Allowance for Doubtful Accounts of $
At the beginning of the current period, Bramble Corp. had balances in Accounts Receivable of $ 196,800 and in Allowance for Doubtful Accounts of $ 9510 (credit). During the period,it had net credit sales of $ 864,300 and collections of $ 687,610. It wrote off as uncollectible accounts receivable of $ 6,804. However, a $ 3,219 account previously written off as estimated to total $ 24,000 at the end of the period. (Omit cost of goods sold entries) (a-d) -Your answer is partially correct Prepare the entries to record sales and collections during the period. (a) (b) c) (d) Prepare the entry to record the write-off of uncollectible accounts during the period. Prepare the entries to record the recovery of the uncollectible account during the period. Prepare the entry to record bad debt expense for the perioc. (Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Accounts Receivable 864300 Sales Revenue 864300 To record sales) Cash 687610 Accounts Recelvable 687610
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