Exercise 1-03 (Part Level Submission) Al the beginning of the current period, Tamarisk Corp, had balances in Accounts Receivable of $191,500 and in Allowance for Doubtful Accounts of 39,00 (cedit). During the period, it had not credit sales of $782,000 and collections of $697,920. It wrote off as uncollectible accounts receivable of $5,591. However, a $2.948 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $23,400 at the end of the period. (Om cont of goods odd entre your answer is correct (a) Prepare the entries to record sales and collections during the period. (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (c) Prepare the entries to record the recovery of the uncollectible account during the period. (d) Prepare the entry to record bad debt expense for the period CALCULAT FULL SCREEN PRINTER ES No. Account Titles and Explanation Debit Credit (a) Accounts Receivable 782000 Sales Reverie 782000 (To record sales) Cash 697920 Accounts Receivable 697920 (To record cash received) (b) Allowance for Doubtful Accounts 6591 Study Accounts Receivable 6301 (c) Accounts Receivable 2010 Allowance for Doubtful Accounts (To reinstate account previously written off 20140 Accounts Receivable (To record cash received) (d) Bad Debt Expense 17203 Allowance for Doubtful Accounts 17203 SWOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 5 used (e) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts Your answer is correct. Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable 268989 Ending balance in Allowance for Doubtful Accounts 23400 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 5 What is the net realizable value of the receivables at the end of the period? Net realizable value of the receivables at the end of the period SHOW LIST OF ACCOUNTS