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Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts At

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Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts At the beginning of the current period, Kingbird Corp. had balances in Accounts Receivable of $191.500 and in Allowance for Doubtfut Accounts of $9.890 (credit). During the period, it had net credit sales of $733,600 and collections of $767,780. It wrote off as uncoliectible accounts receivable of $7,149. However, a $2,957 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $25,440 at the end of the period. (Omit cost of goods sold entries.) (ad) Your answer is 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 uncoliectible account during the period. (d) Prepare the entry to record bad debt expense for the period. (list all debit entries before credit entries. Crefit account tities are outomatically indented when amount is entered. Do not indent Question 4 of 4 13.33/40 No. Account Titles and Explanation (a) Accounts Recelvable Sales Revenue Debit 733,000 733.000 (To record sales) conh 767.780 Credit Nctounts Receivatie 767,700 (To record cash received) (b) \begin{tabular}{|c|} \hline Allowance for Ooutthit Arcounts \\ \hline Acrounts Fecelvalile \\ \hline \end{tabular} 7149 (c) Ncounts fiecowatin 2,957 7149 Niowance tor Doutatuil Nocoint: 2957 SUPPOAT (To relinstite account previousty writien off) Accounts Recervable 7149 (c) Accounts Receivable 2,957 Aliowance for Doubtful Accounts 2.957 (To reinstate account previously written off) Cash 2.957 Accounts Receivable 2.957 (To record cash received) (d) Had Debt Brpense 19.742 Allowance for Doubthut Accounts 19,742

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