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At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $ 197,000 and in Allowance for Doubtful Accounts of $

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At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $ 197,000 and in Allowance for Doubtful Accounts of $ 9,040 (credit). During the period, it had net credit sales of $ 862,700 and collections of $ 838,670. It wr as uncollectible accounts receivable of $ 7,477. However, a $3,049 account previously written off as uncollectible was recover before the end of the current period. Uncollectible accounts are estimated to total $ 26,310 at the end of the period. (Omit cost goods sold entries.) Your answer is partially correct. (a) (b) Prepare the entries to record sales and collections during the period. 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 period, (c) (d) (Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit ISO Adv E Imported From IERalph laren - Goo... Mall - Tyler A McC... Question 6 of 13 0.3 (a) Accounts Receivable Sales Revenue (To record sales) Cash Accounts Receivable (To record cash received) (b) Allowance for Doubtful Accounts 7477 Accounts Receivable 7,477 (c) Accounts Receivable 3,049 Allowance for Doubtful Accounts 3,049 To reinstate account previously written off) on b OT 13 0.3/1 (c) Accounts Receivable 3,049 Allowance for Doubtful Accounts 3,049 (To reinstate account previously written off) Cash 3,049 Accounts Receivable 3,049 (To record cash received) (d) Bad Debt Expense 21,698 Allowance for Doubtful Accounts 21.698 e Textbook and Media 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 $ $ e Textbook and Media List of Accounts Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable $ Ending balance in Allowance for Doubtful Accounts $ eTextbook and Media List of Accounts * Your answer is incorrect. What is the net realizable value of the receivables at the end of the period? Net realizable value of the receivables at the end of the period

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