only part c, thank you.

Question 8 At December 31, 2016, Sheridan SA reported the following information on its statement of financial position. Accounts receivable Less: Allowance for doubtful accounts R$978,190 71,520 During 2017, the company had the following transactions related to receivables. 1. 2. R$3,339,990 54,680 2,850,760 3. Sales on account Sales returns and allowances Collections of accounts receivable Write-offs of accounts receivable deemed uncollectible Recovery of bad debts previously written off as uncollectible 4. 90,490 5. 25,240 No Account Titles and Explanation Debit Credit 1. Accounts Recelvable 3,339,990 Sales Revenue 3,339,990 2. Sales Returns and Allowan 54,680 Accounts Receivable 54,680 | 3 Cash 2,850,760 Accounts Receivable 2,850,760 4. Allowance for Doubtful Ace 90,490 Accounts Receivable 90,490 5. Accounts Receivable 25,240 25,240 Allowance for Doubtful (To record recovery of bad debts). Cash 25,240 25,240 Accounts Receivable (To record amount received). Your answer is correct. Enter the January 1, 2017, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts (use T-accounts), and determine the balances. (Post entries in the order of journal entries presented in the previous part.) Accounts Receivable Bal. 978190 54680 (1) 3339990 (3) 2850760 25240 90490 25240 Bal. V 1322250 Allowance for Doubtful Accounts 90490 Bal. V 71520 25240 Bal. V 6270 SHOW LIST OF ACCOUNTS (c) Prepare the journal entry to record bad debt expense for 2017, assuming that an aging of accounts receivable indicates that expected bad debts are R$ 127,990. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used