At the beginning of the current period, Wildhorse had balances in Accounts Receivable of $300,000 and in Allowance for Doubtful Accounts of $9,900 (credit). During the period, it had net credit sales of $890,000 and collections of $845,500. It wrote off as uncollectible accounts receivable of $6,500. However, a $3,400 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $25,900 at the end of the period. (Omit cost of goods sold entries.)

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 Debit Credit (a) Accounts Receivable 890,000 Sales Revenue 890,000 (To record sales) Cash 845,500 Accounts Receivable 845,500 (To record cash collected during the period) (b) Allowance for Doubtful Accounts 6,500 Accounts Receivable 6,500 (c) Accounts Receivable 3,400 Allowance for Doubtful Accounts 3,400 (To reinstate account previously written off) Cash 3,400 Accounts Receivable 3,400 (To record the recovery of the uncollectible account during the period) (d) Bad Debt Expense 19,100 Allowance for Doubtful Accounts 19,100 (e) x Your answer is incorrect. Try again. Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable 344,500 Ending balance in Allowance for Doubtful Accounts 338,000 Click if you would like to Show Work for this question: Open Show Work