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Oriole Coenpany had net accounts receivable of $130,000 on January 1,2022. The only transactions that affected accounts receivable during 2022 were net credit sales of

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Oriole Coenpany had net accounts receivable of $130,000 on January 1,2022. The only transactions that affected accounts receivable during 2022 were net credit sales of $4,340,000. At December 31.2022, the company had net recelvables of $180,000. (a) Your answer is correct. Compute the accounts receivable turnover for 2022 Accounts recelvable turnover eTextbook and Media Compute the average collection period in days. (Round answer to 1 decimal place, e. . 2.5. Use 365 days for calculations.) Average collection period days eTextbook and Media Presented below is an aging schedule for Metlock, Inc. at December 31, 2021 At December 31, 2021, the unadjusted batance in Allowance for Doubtful Accounts is a credit of $11.500. - Your answer is partially correct. Journalize the adjusting entry for uncollectibles at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $870 and the aging schedule indicates that total estimated uncollectibles will be $29,100. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.)

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