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Exercise 6-8 At the beginning of the current period, Whispering Winds Corp. had balances in Accounts Receivable of $200.600 and in Allowance for Douceful Accounts

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Exercise 6-8 At the beginning of the current period, Whispering Winds Corp. had balances in Accounts Receivable of $200.600 and in Allowance for Douceful Accounts of $9.630. During the period, it had net credit sales of $70.000 a collections of $746,470. It wrote off as uncollectible accounts receivable of $7.451. Uncollectible accounts are cated to total $22.900 at the end of the period. O recording cost of goods sold.) Enter the beginning balances for Accounts Receivable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a). ). and (c) below. (a) Record sales and collections during the period. (b) Record the write-off of uncollectible accounts during the period (c) Record bad debit expense for the period. (Enter negative amounting the negative in preceding the number 45 or parent ese (5 Assets - Liabilities + Stockholders' Equity Retained Earnings Allow. For Cash + Acets. Rec . Doubtful Acets - Beg Bal. Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter negative amounting the negat Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts What is the nerealuable value of the receivables at the end of the period? The net realizable value of the receivables at the end of the period Click if you would like to show Work for this questions Open Show Work

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