N Netflix Summer (Calvin Harris) 4 x in Chapter 1 Post-Class Home X Course Hero | Make every's X Chapter 1 Post-Class Home X Chapter 1 Post-Class Home Chapter 1 Post-Cla C @ dawn | C:/Users/alexa/Downloads/Chapter%201%20Post-Class%20Homework.pdf Damn | C:/Users/alexa/OneDrive/Desktop/Chapter%201620Post-Class620Homework.pdf Mailru YouTube @ Homepage - Fansh.. nepesecru Google Docs ConocoBon war pyn. N Netflix 4 Investopedia 00 Duolingo IM SAM ECON Vretta Sage 50 ! ! CepBuchi M Gmail 3 Mail.ru YouTube @ Homepage - Fansh.. 7 nepeBecru Google Docs TonocoBoni yat pyn. N Netflix Investopedia Do Duolingo SAM SAM ECON Vretta > Chucok AMA UTeHMA M3 1 qleBoondeH A | x/us 913hodu | BbigeneHue Creperb | Chapter 1 Post-Class Homework.pdf 1 / 1 - 78% The following information relevant to accounts receivable is presented for Dharma Initiative (in thousands of dollars). Calculate the accounts receivable turnover ratio, and the day sales outstanding ratio for the years 2019 and 2020. Take me to the text Do not enter dollar signs or commas in the input boxes. The following information relevant to accounts receivable is presented for Dharma Initiative (in thousands of dollars). Calculate the accounts receivable turnover ratio, and the day sales outstanding ratio for the For accounts receivable turnover, round to one decimal place. years 2019 and 2020. For day sales outstanding, round to the nearest whole number. Do not enter dollar signs or commas in the input boxes. 2020 2019 2018 For accounts receivable turnover, round to one decimal place. Accounts Receivable $374 $416 $461 For day sales outstanding, round to the nearest whole number. Allowance for Doubtful Accounts $16 $24 $25 2020 2019 2018 Net Credit Sales $3,125 $4,116 $2,667 Accounts Receivable $374 $416 $461 Allowance for Doubtful Accounts $16 $24 $25 Accounts Receivable Turnover (in number of times Net Credit Sales $3, 125 $4,116 $2,667 Day Sales Outstanding (in days) Accounts Receivable Turnover (in number of times) On January 2, 2021, Dharma Initiative agreed to sell $224,000 of its accounts receivable with a 3% fee paid to the factor. Prepare the journal entry to record the factoring of accounts receivable. Day Sales Outstanding (in days) Do not enter dollar signs or commas in the input boxes. Enter the debit accounts in alphabetical order. On January 2, 2021, Dharma Initiative agreed to sell $224,000 of its accounts receivable with a 3% fee paid to the factor. Prepare the journal entry to record the factoring of accounts receivable. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit Enter the debit accounts in alphabetical order, Jan 2 Cash 217280 Date Account Title and Explanation Debit Credit Factoring Expense 6720 Jan 2 Cash 217280 Accounts Receivable 224000 Factoring Expense 6720 To record sale of accounts receivable Accounts Receivable 224000 Check To record sale of accounts receivable