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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

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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 off as 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.) (3-0) 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 AN Assets Allow. For Cash Accts. Rec Doubtful Accts Der Bal $ 260,000 $ - 11.700 a) 1,040,000 991,900 991900 (b) -9490 9490 c) -30290 Question 10 of 10 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 $

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