During its first year of operations. Teal Mountain Inc had credit sales of $2,726,000, of which $366.200 remained uncollected at year end. The credit manager estimates that $19.200 of these receivables will become uncollectible. Prepare the journal entry to record the estimated uncollectibles. Assume an uradjusted 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 I e Textbook and Media List of Accounts Prepare the current assets section of the balance sheet for Teal Mountain Inc, assuming that in addition to the receivables it has cash of $85,400, merchandise inventory of $190,000, and supplies of $12.900. (List Current Assets in order of liquidity) TEAL MOUNTAIN INC. Balance Sheet (partial) e Textbook and Media List of Accounts Calculate the accounts receivable turnover. Assume that average net accounts receivable were $290,000. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times eTextbook and Media List of Accounts Calculate the average collection period. (Round answer to 1 decimal place, es, 12.5. Use 365 days for calculation) days Average collection period e Textbook and Media List of Accounts Attempts: unlimited Submit