E6-17 Inferring Bad Debt Write-Offs and Cash Collections from Customers LO6-3 ot deveiops, produces nd markets a v range ot Sotware, inc s opereting system. millions iwind eported t g intormaton revenue Accounts receivable, net oiallowences of $147 and $123 Net revenues curent Yeer Year S 13,399 11,738 62,020 52,622 Ancon ng 'ls Form 10 Mlcrosoft recon o bad dub per se ors 103 and there were no ba: d recoven s du irig te, curent yBar Doubtful Accounts T-accounts. Use the T-accounts to solve for the missing values.) to the summary of hB B eds o acun n ary of Ihe effecls o for ba d ts on the able (Gross) and the ounts eceivable Gross and the an Required: 1.What amount of bad debls was witten off during the current year? (Enter your answers in millions not in dollars) Beg. bal End. bal 2. Based on your ner to requirement 11). solve for cash collected trom customers tor the cument yeer, assuming ther all ot Mlicrosotts sales during the penod were on open account. (Enter your answers In miona not in dollare.) Beg. bal End bal E6-17 Inferring Bad Debt Write-Offs and Cash Collections from Customers LO6-3 ot deveiops, produces nd markets a v range ot Sotware, inc s opereting system. millions iwind eported t g intormaton revenue Accounts receivable, net oiallowences of $147 and $123 Net revenues curent Yeer Year S 13,399 11,738 62,020 52,622 Ancon ng 'ls Form 10 Mlcrosoft recon o bad dub per se ors 103 and there were no ba: d recoven s du irig te, curent yBar Doubtful Accounts T-accounts. Use the T-accounts to solve for the missing values.) to the summary of hB B eds o acun n ary of Ihe effecls o for ba d ts on the able (Gross) and the ounts eceivable Gross and the an Required: 1.What amount of bad debls was witten off during the current year? (Enter your answers in millions not in dollars) Beg. bal End. bal 2. Based on your ner to requirement 11). solve for cash collected trom customers tor the cument yeer, assuming ther all ot Mlicrosotts sales during the penod were on open account. (Enter your answers In miona not in dollare.) Beg. bal End bal