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Current Attempt in Progress At the beginning of the current period. Sage Hill Corp. had balances in Accounts Receivable of $187. 100 and in Allowance

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Current Attempt in Progress At the beginning of the current period. Sage Hill Corp. had balances in Accounts Receivable of $187. 100 and in Allowance for Doubtful Accounts of $8,500 (credit). During the period. It had net credit sales of $767.100 and collections of $699.230. It wrote off as uncollectible accounts receivable of $7.528. However, a $3.284 account previously written off as uncollectible was recovered before the end of the current period Uncollectible accounts are estimated to total $26,620 at the end of the period. (Omit cost of goods sold entries.) Prepare the entries to record sales and collections during the period. Prepare the entry to record the write-off of uncollectible accounts during the period. Prepare the entries to record the recovery of the uncollectlbie account during the period, Prepare the entry to record bad debt expense for the period. QULSLUNDULJ No Account Titles and Explanation Debit Credit (a) (To record sales) (To record cash received) (b) (c) (To reinstate account previously written off) (To record cash received) e Textbook and Media Question Part Score 1 Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable $ Ending balance in Allowance for Doubtful Accounts $ What is the net realizable value of the receivables at the end of the period? Net realizable value of the receivables at the end of the period $

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