At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $164,000 and in Awance for Doubtful Accounts of $7.300. During the period, it had net credit sales of $656,000 and collections of $625,660 wrote off an uncollectible accounts receivable of $596 Uncollectible accounts are estimated to total $20.500 at the end of the per recording cost of goods sold) ta-c) Enter the beginning balances for Accounts Receivable and Alowance for Doubt Accounts in a tab summary to record tramactions lal, ibland below Cal Records and collections during the period Do Record the write-off of unclectible accounts during the Assets Lates For Acts Re Beg Bal " D (c) eTextbook and Media At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $164,000 and in Allowance for Doubtful Accounts of $7,380. During the period, it had net credit sales of $656,000 and collections of $625,660. It wrote off as uncollectible accounts receivable of $5,986. Uncollectible accounts are estimated to total $20,500 at the end of the period. (Omit recording cost of goods sold.) (a-c) 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. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45)) Assets Cash Accts. Rec. Beg. Bal $ $ (a) (b) (c) eTextbook and Media Liabilities Allow. For Doubtful Accts Question 8 of 8 < > At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $164,000 and in Allowance for Doubtful Accounts of $7,380. During the period, it had net credit sales of $656,000 and collections of $625,660. It wrote off as uncollectible accounts receivable of $5,986. Uncollectible accounts are estimated to total $20,500 at the end of the period. (Omit recording cost of goods sold.) (a-c) 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. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Common Stock Rev. Stockholders' Equity Retained Earnings Exp. eTextbook and Media Attempts: 0 of 3 used Submit Answer