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mework Seved Help Save & Exit Submit Check my work Book Print Geisel, Incorporated reported net sales revenue of $600,000 in 2021 and $500,000 in
mework Seved Help Save & Exit Submit Check my work Book Print Geisel, Incorporated reported net sales revenue of $600,000 in 2021 and $500,000 in 2022. The company's ending net receivables were $120,000 at December 31, 2020 and $130,000 at December 31, 2021. At December 31, 2022, the company had Accounts Receivable of $148,000 and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,000. The company reported Bad Debt Expense of $6,000 during 2022 Required: a. Determine the net receivables at December 31, 2022. b. Calculate the receivables turnover ratio for 2021 and 2022 c. Calculate the days to collect for 2021 and 2022. Complete this question by entering your answers in the tabs below. Required A Required Required C Determine the net receivables at December 31, 2022. Net receivables < Prev 644 Next > SC > Q 2 ck A #3 W E S $ 75 4 MacBook x5 % A R T D F G
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