HOMEWORK $8-$ CHAPTER $8$

Question $11$ of $15$

$-12$vdots$-=,$vdots

View Policies

Current Attempt in Progress

At the beginning of the current period, Carla Vista Corp. had balances in Accounts Receivable of $$220,000$ and in Allowance for Doubtful Accounts of $$9,000($credit$).$ During the period, it had credit sales of $$739,000$ and collections of $$554,000.$ It wrote off as uncollectible accounts receivable of $$6,800.$ However, a $$3,500$ account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $$22,000$ at the end of the period.

$($a$)$ to $($d$)$

$($a$)$ Prepare the entries to record sales and collections during the period. Omit cost of goods sold entries.

$($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.

$($Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

No$.$ Account Titles and Explanation

Debit

Credit