During its first year of operations, Kingbird, Inc. had credit sales of $3,000,300, of which $401,500 remained uncollected at year-end. The credit manager estimates that $18,830 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 e Textbook and Media List of Accounts Prepare the current assets section of the balance sheet for Kingbird, Inc., assuming that in addition to the receivables it has cash of $89,840, merchandise inventory of $165,430, and supplies of $11,750. (List current assets in order of liquidity) Prepare the current assets section of the balance sheet for Kingbird, Inc., assuming that in addition to the receivables it has cash of $89,840, merchandise inventory of $165,430, and supplies of $11,750. (List current assets in order of liquidity) Kingbird, Inc. Balance Sheet (partial) Calculate the accounts receivable turnover. Assume that average net accounts receivable were $313,000. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times e Textbook and Media List of Accounts Calculate the average collection period. (Round answers to 1 decimal place, e.g. 12.5.) Average collection period days