At the beginning of the current period, Waterway Industries had balances in Accounts Receivable of $$232,000$ and in Allowance for Doubtful Accounts of $$10,440.$ During the period, it had net credit sales of $$928,000$ and collections of $$885,080.$ It wrote off as uncollectible accounts receivable of $$8,468.$ Uncollectible accounts are estimated to total $$29,000$ at the end of the period. $($Omit recording cost of goods sold.$)$

$(a-c)$

Your answer is correct.

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 eg$.(45).).$

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Attempts: $2$ of $3$ used

$($d$)$

Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. $($Enter negative amounts using either a negative sign preceding the number eg$.-45$ or parentheses e$.$g$.(45).)$

Ending balance in Accounts Receivable

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Ending balance in Allowance for Doubtful Accounts