At the beginning of the current period, Sheridan Company had balances in Accounts Receivable of $203,500 and in Allowance for Doubtful Accounts of $8,620 (credit). During the period, it had net credit sales of $739,000 and collections of $813,450. It wrote off as uncollectible accounts receivable of $7,198. However, a $2,978 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $26,810 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 Credit Debit (a) Accounts Receivable 739000 Accounts Receivable 739000 Sales Revenue 739000 (To record sales) Cash 813450 Accounts Receivable 813450 Allowance for Doubtful Accounts 7198 Accounts Receivable 7198 (c) Accounts Receivable 2978 Allowance for Doubtful Accounts 2978 (To reinstate account previously written off) Cash 2978 Accounts Receivable 2978 (d) Bad Debt Expense 22410 Allowance for Doubtful Accounts 22410 Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable 121,852 Ending balance in Allowance for Doubtful Accounts $ 26,810 e Textbook and Media What is the net realizable value of the receivables at the end of the period? The net realizable value of the receivables at the end of the period $