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No. Account Titles and Explanation Credit (a) Accounts Receivable Sales Revenue (To record sales) Cash Accounts Receivable (To record cash received) (b) Allowance for Doubtful

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No. Account Titles and Explanation Credit (a) Accounts Receivable Sales Revenue (To record sales) Cash Accounts Receivable (To record cash received) (b) Allowance for Doubtful Accounts Accounts Receivable (c) Accounts Receivable Allowance for Doubtful Accounts (To reinstate account previously written off) Cash Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts At the beginning of the current period, Teal Mountain Corp. had balances in Accounts Receivable of $211,200 and in Allowance for Doubtful Accounts of $9,490 (credit). During the period, it had net credit sales of $804,300 and collections of $839,040. It wrote off as uncollectible accounts receivable of $7,902. However, $3,002 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $22.760 at the end of the period. (Omit cost of goods sold entries.) (ad) Your answer is partially correct. (a) Prepare the entries to record sales and collections during the period. (b) Prepare the entry to record the write-off of uncollectible accounts during the period. (c) Prepare the entries to record the recovery of the uncollectible account during the period. (d) Prepare the entry to record bad debt expense for the period

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