during its first year of operations pharaoh company had credit sales 3722800 : 674200 remain uncollected at year end. the credit manager estimates that 39600 of these receivable will become uncollectable (a) prepare the journal entry to record the estimated uncontrollable (b) prepare the current assets section of the balance sheet for pharoh company. assume that in addition to the receivables it has cash of 94400 inventory 136800 and prepaid insurance of 9000