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At the beginning of the current period, Whispering Winds Corp, had balances in Accounts Receivable of $260,000 and in Allowance for Doubtful Accounts of $11,700.

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At the beginning of the current period, Whispering Winds Corp, had balances in Accounts Receivable of $260,000 and in Allowance for Doubtful Accounts of $11,700. During the period, it had net credit sales of $1,040,000 and collections of $991,900, it wrote offas uncollectible accounts receivable of $9,490. Uncollectible accounts are estimated to total $32,500 at the end of the period. (Omit recording cost of goods sold.) (ac) 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). 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 e.g. 45 or parentheses eg. (45).)

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