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Covington Corporation reported the following selected information in its general ledger December 31 All sales were on account. Some accounts receivable were collected. One account

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Covington Corporation reported the following selected information in its general ledger December 31 All sales were on account. Some accounts receivable were collected. One account was written oft; there were now recoveries. At the end of the year, uncollectible accounts were estimated to total 51.980. Using your knowledge of receivables transactions, determine the missing amounts. Clint: You may not be able to solve the best in alphabetical order. In addition, you may find it helpful to reconstruct the journal entries.) Accounts Receivable Beg. bal. 17.900 55,100 78700 (b) 1100 nd. bal. (c) 40400 Allowance for Doubtful Accounts 1.100 Unadj bat 700 (0) End, bal le) Sales 78.000 Bad Debts Expense (f) 1320

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