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At the beginning of the current period. Teal Mountain Corp. had balances in Accounts Receivable of $211,200 and in Allowance for Doubtful Accounts of $9.490
At the beginning of the current period. Teal Mountain Corp. had balances in Accounts Receivable of $211,200 and in Allowance for Doubtful Accounts of $9.490 (credit). During the period, it had net credit sales of $804,300 and collections of $839,040. It wrote off as uncollectible accounts receivable of $7,902. However, a $3,002 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $22.760 at the end of the period. (Omit cost of goods sold entries.) Sales Revenue (To record sales) 804300 Cash 839040 Accounts Receivable (To record cash received) (c) Accounts Receivable Allowance tor Doubttuif Accounts (To reinstate account previously written off) Cash Accounts Receivable (To record cash received) (d) Bad Debt Expense 22760 Allowance for Doubtful 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 Last saved 1 second ago. Attempts: 1 of 3 used Saved work will be auto-submitted on the due date. Auto: submission can take up to 10 minutes, (f) The parth of this question must be completed in order. This part will be available when you camplete the part abover
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