At the beginning of the current period, Marigold Corp. had balances in Accounts Receivable of $218,000 and in Allowance for Doubtful Accounts of $9,700 (credit). During the period, it had net credit sales of $895,000 and collections of $850,250. It wrote off as uncollectible accounts receivable of $6,900. 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 $25,800 at the end of the period. (Omit cost of goods sold entries.) (a-d) Your answer is correct. (a) Prepare the entries to record sales and collections during the period. (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (c) Prepare the entries to record the recovery of the uncollectible account during the period. (d) Prepare the entry to record bad debt expense for the period. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit No. Account Titles and Explanation (a) Accounts Receivable Sales Revenue (To record sales) Cash Accounts Receivable (To record cash collected during the period) (b) Allowance for Doubtful Accounts Accounts Receivable (c) Accounts Receivable Allowance for Doubtful Accounts (To reinstate account previously written off) Cash Debit 895,000 850,250 6,900 3,300 3,300 Credit 895,000 850,250 6.900 3,300 (d) Bad Debt Expense 19.700 Allowance for Doubtful Accounts eTextbook and Media List of Accounts Using multiple attempts will impact your score. 10% score reduction after attempt 2 (e) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts $ 19.700 Attempts: 1 of 3 used