journal entry and current assets section of the balance sheet

Dunng its first year of operations, Bendy Ltd had credit sales of out of which $600 , OJO remained uncollected at year-end. The credit manager estinztes that $40, 0m of these receivables become uncollectaBe Required: i)Prepare the joumal entry to record the estinzted un collectables. (Assume the allcwance account has an unausted balance of nil.) (2 marks) i) Prepare the current assets section of the Balance Sheet for Bendy Ltd, assumng that in addition to he receivables it has cash of S90,OOO, inventory or the *rici of $130,030, and prepaid exgenses of SI 3,000. (2 marks) iii) Briefly exSn the difference between an account receivable and a note receivable (3 nzrks)