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leyPLUS Homework Assignment. Due by 11:59 p.m. on Sunday, March 27, 2022 Question 6 of 6 > 1.2/2 TIL Show Attemot History Current Attempt in

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leyPLUS Homework Assignment. Due by 11:59 p.m. on Sunday, March 27, 2022 Question 6 of 6 > 1.2/2 TIL Show Attemot History Current Attempt in Progress At December 31, 2021. Oriole imports reported this information on its balance sheet. 5620,000 Accounts receivable les: Allowance for doubtful accounts 42.000 During 2022. the company had the followine transactions related to receivables. 1 Sales on account $2.810,000 61.000 3 2.510.000 Sales returns and lowances Collections of accounts receivable Writeos of accounts recewable deemed un collectible Recovery bad oes reviousy written of uncollectible 44.000 5. 15.000 VURAS by 1:59 pm on Sunday, March 27, 2022 Question 6 of 6 1.2/2 111 1 Achch 310000 210000 2 Send 000 000 C 25 10000 351000 000 13000 Question 6 of 6 1.2/2 Enter the January 1, 2022, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts and determine the balances. (Post entries in the order of Journal entries posted in the previous part) Accounts Receivable Bal v 620000 (2) 63000 2010000 2510000 15000 44000 15 15000 313000 Allowance for Doubtful Accounts 44000 Bal 42000 15 15000 13000 Question 6 of 6 1.2/2 E Your answer is correct Prepare the journal entry to record bad debt expense for 2022, assuming that aging the accounts receivable indicates that estimated bad debts are $51.000 (Credit account titles are automatically indented when amount is entered. Do not Indent manually Debit Credit Account Titles and Explanation Bad Daht Expens 35000 Allowance for Doubtful Accounts 38000 e Textbook and Media List of Accounts Attempts 3 of 12 used (81) di Attempts: 3 of 12 used (d1) Compute the accounts receivable turnover. (Round answer to 1 decimal place, 6.8. 124) Accounts receivable turnover times e Textbook and Media List of Accounts Save for Later Attempts: 0 of 12 used (d2) The parts of this question must be completed in order. This part will be available when you complete the part above

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