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INTERMEDIATE ACCOUNTING HANDOUT PROBLEM7 Score Name Section Problem (10 points). Sunflower Corporation had the following accounts, which had their normal balances, at the beginning of

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INTERMEDIATE ACCOUNTING HANDOUT PROBLEM7 Score Name Section Problem (10 points). Sunflower Corporation had the following accounts, which had their normal balances, at the beginning of the fiscal year. SUNFLOWER CORPORATION BALANCES FOR ACCOUNTS RECEIVABLE AND RELATED ACCOUNTS AT BEGINNING OF FISCAL YEAR Accounts Receivable 420,000 Allowance For Doubtful Accounts 17.200 The company had the attached transactions that occurred during the current fiscal year. REQUIRED: (1) For each of the attached transactions, prepare the general journal entry, in proper general journal form, that should be made by the company to record the transaction. Use the letter of the transaction as the date. calculations to the nearest whole dollar. Omit explanations. Round all (2) Compute the ending balances in the Accounts Receivable and the Allowance For Doubtful Accounts at the end of the fiscal year

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