During its first year of operations, Sage Hill Inc. had credit sales of $3,193.000, of which $410,700 remained uncollected at year-end. The credit manager estimates that 1.100 of these recevotes 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 is orationically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Bad Debit Expense 18100 Allowance for Doubt Accounts Assistance Used e Textbook and Media eTextbook List of Accounts Prepare the current assets section of the balance sheet for Sage Hill Inc., assuming that in addition to the receivables it has cash of $88,000, merchandise Inventory of $196,700, and supplles of $12,900. (List Current Assets in order of quidity SAGE HILL INC. Balance Sheet (partial) For the Year Ended December 31, 2022 Low : Allowance for Doubtful Accounts od Total Assets e Textbook and Media Calculate the accounts recebe ume sume that wergeret counts receivable were $10,000 dan 1 dec 125) Accounts receivable turnover e Textbook and Media List of Accounts Calculate the average collection period. (Round answer to 1 decimal 125 Use 365 days for calculation) Average collection period Textbook and Media List of Accounts