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General Mills reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance Sheet: Accounts receivable, net $ 1,430.1 $1,360.8 Income

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General Mills reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance Sheet: Accounts receivable, net $ 1,430.1 $1,360.8 Income statement: Sales revenue $15,619.8 A note disclosed that the allowance for uncollectible accounts had a balance of $24.3 million and $29.6 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $16.6 million. 4. Show a T-account of the allowance account, including the beginning and ending balances. 5. What was beginning balance in A/R (accounts receivable gross)? 6. What was ending balance in A/R (gross)? 7. Recreate the sales revenue journal entry (in aggregate) assuming that all sales are on account. 9. Show the T-account for A/R (gross) 10. Show the journal entry (in aggregate) representing cash collections on account

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