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Current Attempt in Progress Assume the following information for Skysong Corp. $ 140,000 11.420 932.000 Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance)
Current Attempt in Progress Assume the following information for Skysong Corp. $ 140,000 11.420 932.000 Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning balance) Net credit sales Collections Write-offs of accounts receivable Collections of accounts previously written off 913,000 6,000 2.100 Uncollectible accounts are expected to be 9% of the ending balance in accounts receivable (a) Your answer is partially correct. Prepare the entries to record sales and collections during the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually:) Account Titles and Explanation Debit Credit Accounts Receivable 932.000 Saleem 932.000 (To record sales on account) 912.000 II Accounts Receivable 912.000 (To record collection of accounts receivable) (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Savelor Later Attempts: 0 of 2 used Sumit Answer (c) The parts of this question must be completed in order. This part will
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