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Determine the ending, balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending bolance in Accounts Receivable Ending balance in Alowance for DoibtfuA Accounts What

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Determine the ending, balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending bolance in Accounts Receivable Ending balance in Alowance for DoibtfuA Accounts What is the net realizable value of the recelvables at the end of the period? Cash (net) realizable value of the receivables at the end of the period Question 9 of 10 (a) Acoonts kecaivible 767400: 707,100 (To record sales) ctit sec250 Arounti Decmible 609220 (To record cas recelved) (b) 752n \begin{tabular}{|c|} \hline \multirow[t]{4}{*}{7523} \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} (c) 3284 (To reinstate account previously writen off) ext. 25ei Smentiketivale x234 (To record cash recelved) support At the beginning of the current period, Sage Hill Corp, had balances in Accounts Receivable of $187,100 and in Allowance for Doubtfut Accounts of $8,500 (credtt). During the perlod, it had net credit sales of $767,100 and collections of $699,230. It wrote off as uncollectible accounts recelvable of $7,528. However, a $3,284 account previously written off as uncollectible was recowered 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.) Your answer is partially correct. (a) Prepare the entries to record sales and collections during the period. (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (c) Prepare the entries to record the recovery of the uncollectible account during the period. (d) Prepare the entry to record bad debt expense for the period. (List all debit entries before credit entries. Credit occount titles are outomatically indented when amount is entered. Do not indent manuolly, If no entry is required, select "No Entry' for the account tities and enter o for the amounts.)

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