At the beginning of the current period, Sheffield Corp. had balances in Accounts Receivable of $224,000 and in Allowance for Doubtful Accounts of $10,080. During the period, it had net credit sales of $896,000 and collections of $854,560. It wrote off as uncollectible accounts receivable of $8,176. Uncollectible accounts are estimated to total $28,000 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.

				Assets					=	Liabilities	+	Stockholders' Equity
								Allow. For						Retained Earnings
				Cash	+	Accts. Rec.	-	Doubtful Accts	=		+	Common Stock	+	Rev.	-	Exp.
		Beg. Bal.		$enter a balance amount		$enter a balance amount		$enter a balance amount				$enter a balance amount		$enter a balance amount		$enter a balance amount
		(a)		enter a dollar amount		enter a dollar amount		enter a dollar amount				enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Sales returns & allowancesAccounts receivableSales revenueBad debt expenseCost of goods sold
				enter a dollar amount		enter a dollar amount		enter a dollar amount				enter a dollar amount		enter a dollar amount		enter a dollar amount
		(b)		enter a dollar amount		enter a dollar amount		enter a dollar amount				enter a dollar amount		enter a dollar amount		enter a dollar amount
		(c)		enter a dollar amount		enter a dollar amount		enter a dollar amount				enter a dollar amount		enter a dollar amount		enter a dollar amount		select an account title Sales revenueCost of goods soldBad debt expenseSales returns & allowancesAccounts receivable