complete requirement 1,2 and 3

Equip Fix, Inc. sells gym equipment. Assume that Equip Fix, Inc., sold 22 treadmills July on account for $4,000 each. In addition to the treadmills, Equip Fix also sold $15,300 of other fitness equipment and repair services on account. Collections on account during the month of July totaled $8,960. At July 31, Equip Fix, Inc., estimates that 1 percent of the outstanding Accounts receivable balance will not be collected. Equip Fix uses the allowance method. On June 30 , the balance in Accounts receivable is $975 and the balance in Allowance for doubtful accounts is $0. Read the requirements. Requirement 1. Calculate the ending balance in Accounts receivable at July 31. Accounts receivable ending balance, July 31 Equip Fix, Inc. sells gym equipment. Assume that Equip July on account for $4,000 each. In addition to the treadmil $15,300 of other fitness equipment and repair services on ace during the month of July totaled $8,960. At July 31. Equip Fi percent of the outstanding Accounts receivable balance wi Equip Fix uses the allowance method. On June 30, the ba receivable is $975 and the balance in Allowance for doubt Read the reouirements. Requirements 1. Calculate the ending balance in A Jocounts receivable at July 31 . 2. Journalize the entry to record Equip F, Inc:'s bad debt expense for July. 3. How will Accounts receivable be reflected on Equip Fix, Inc.'s balance sheet at July 31 ? Requirement 1. Calculate the ending balance in Accounts receivable at July 31. Accounts receivable ending balance, July 31