Cullumber Company reported the following information in its general ledger at December 31. All sales were on account. At the end of the year, uncollectible accounts were estimated to be 10% of accounts receivable. (a) Your answer is correct. Using your knowledge of receivables transactions, determine the missing amounts. Ignore any inventory, cost of goods sold, and refund liabilities for the purposes of this question. (Hint: You may find it helpful to reconstruct the journal entries.) Accounts Receivable 15,600 Beg. bal. 36,500 (a) 46500 (b) 600 End. bal (c) 25000 Sale 46,500 Allowance for Doubtful Accounts Beg. bal. 1,112 600 (d) 1988 End. bal. (e) 2500 Bad Debt Expense (d) 1988 (b) Prepare the summary journal entries for Cullumber Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (To record sales on account for the year.) (To record write off of accounts receivable.) (To record estimate of uncollectible accounts.) Save for Later Attempts: 0 of 2 used Subrnit Answer Cullumber Company reported the following information in its general ledger at December 31. All sales were on account. At the end of the year, uncollectible accounts were estimated to be 10% of accounts receivable. (a) Your answer is correct. Using your knowledge of receivables transactions, determine the missing amounts. Ignore any inventory, cost of goods sold, and refund liabilities for the purposes of this question. (Hint: You may find it helpful to reconstruct the journal entries.) Accounts Receivable 15,600 Beg. bal. 36,500 (a) 46500 (b) 600 End. bal (c) 25000 Sale 46,500 Allowance for Doubtful Accounts Beg. bal. 1,112 600 (d) 1988 End. bal. (e) 2500 Bad Debt Expense (d) 1988 (b) Prepare the summary journal entries for Cullumber Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (To record sales on account for the year.) (To record write off of accounts receivable.) (To record estimate of uncollectible accounts.) Save for Later Attempts: 0 of 2 used Subrnit