At the beginning of the current period, Metlock, Inc. had balances in Accounts Receivable of $196,000 and in Allowance for Doubtful Accounts of $8,820. During the period, it had net credit sales of $784,000 and collections of $747,740. It wrote off as uncollectible accounts receivable of $7,154. Uncollectible accounts are estimated to total $24,500 at the end of the period. (Omit recording cost of goods sold.)

Enter the beginning balances for Accounts Receivable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below. (a) Record sales and collections during the period. (b) Record the write-off of uncollectible accounts during the period. (c) Record bad debt expense for the period.

*Need help findings answers for the blank boxes! Also, both drop down menu answers!*

Assets = Liabilities Allow. For Cash + Accts. Rec. Doubtful Accts = Beg. Bal. $ $ ta (8820) (a) 784000 747740 O (b) (c) c) Liabilities Stockholders' Equity + Retained Earnings + Common Stock + Rev. Exp. $ $ $ o O Sales returns & allowances Accounts receivable Bad debt expense Sales revenue 0 O O Cost of goods sold O 0