Current Attempt in Progress During its first year of operations, Carla Vista Co. had credit sales of $2,918,000, of which $372,400 remained uncollected at year- end. The credit manager estimates that $19,800 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles. (Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Prepare the current assets section of the balance sheet for Carla Vista Co., assuming that in addition to the receivables it has cash of $88,080, merchandise inventory of $186,350, and supplies of $13,480. (List current assets in order of liquidity) Carla Vista Co. Balance Sheet (partial) Calculate the accounts receivable turnover. Assume that average net accounts receivable were $311,300. (Round answers to 1 decimal place, eg. 12.5.) Accounts receivable turnover ratio times Calculate the average collection period. (Round answers to 1 decimal place, eg. 12.5.) Average collection period days