Brief Exercise 10 During its first year of operations, Wildhorse Co. had credit sales of $3,146,000, of which $402,700 remained uncollected at year end. The credit manager estimates that $16,270 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles (Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit N Prepare the current assets section of the balance sheet for Wildhorse Co, assuming that in addition to the receivables it has cash of $83,150, merchandise inventory of $175,590, and supplies of $12,580. (tist current assets in order of Nudity) $ Calculate the accounts receivable turnover. Assume that average net accounts receivable were $285,100. (Hound answers to 1 decimal place, .. 12,5) Accounts receivable turnover ratio times SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT INTERACTIVE TUTORIAI INTTRACTIVE TUTORIAL Calculate the average collection period. (Round answers to 1 decimal place 0.9, 12.5.) Average collection period days