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i just need the ending balance in accounts recievable and allowance for doubtful accounts please (a) Prepare the entry torecond bad debt expense tor the
i just need the ending balance in accounts recievable and allowance for doubtful accounts please
(a) Prepare the entry torecond bad debt expense tor the period. Wist ali debit entries before credit entries. Credit account titles are autematically indented when amount is entered. Do not indent manually, if no ch Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts List of Accounts Using multiple attempts will impict your score. 58. score reduction after attempt 2 (f) The parts of this question must be completed in order. This part wil be available when you complete the part above. At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doubtful Accounts of $9,630 (credit). During the period, it had net credit sales of $860,400 and collections of $687,720, It wrote off as uncollectible accounts receivable of $7,381. However, a $2,859 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $23,070 at the end of the period. (Omit cost of goods sold entries) (a-d) - Your answer is partially 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 Step by Step Solution
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