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On its recent financial statements, Hassell Fine Foods reported the following information about net sales revenue and accounts receivable (amounts in thousands): According to its

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On its recent financial statements, Hassell Fine Foods reported the following information about net sales revenue and accounts receivable (amounts in thousands): According to its Form 10-K, Hassell recorded bad debt expense of $88 and there were no bad debt recoverles during current year. Required: 1. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off durin the current year? 2. Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the curt year, assuming that all of Hassell's sales during the period were on open account. Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, What amount of bad debts was written off during the current year? (Enter your answers in thousands not in dollars.) According to its Form 10 K, Hassell recorded bad debt expense of $88 and there were no bad debt recoverles during the urrent year. Required: 1. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year? 2. Using the following T-account for Accounts Recelvable (Gross), solve for cash collected from customers for the current year, assuming that all of Hassell's sales during the perlod were on open account Complete this question by entering your answers in the tabs below. Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Hassell's sales during the period were on open account. (Enter your answers in thousands not in dotiars.) According to its Form 10-K, Hassell recorded bad debt expense of $88 and there were no bad debt recoverles during the current year. Required: 1. Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year? 2. Using the following T-account for Accounts Recelvable (Gross), solve for cash collected from customers for the current year, assuming that all of Hassell's sales during the period were on open account. Complete this question by entering your answers in the tabs below. Using the following T-account for Allowance for Doubtful Accounts, Whot amount of bod debts was written off during the current year? (Enter your answers in thousands not in dollars.)

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