Part $2$ of $8$

Points: $0\mathrm{.}64$ of $6$

The Accounts Receivable balance and Allowance for Bad Debts for Turning Leaves Furniture Restoration at December $31,2015,$ was $$10,800$ and $$2,000($credit balance$).$ During $2016,$ Turning Leaves completed the following transactions:

$($Click the icon to view the transactions.$)$

Read the requirements. entry table.$)$

a$.$ Sales revenue on account, $$265,800($ignore Cost of Goods Sold$).$

$\backslash$table$[[,$Accounts and Explanation,Debit,Credit$],[$a$.,$Accounts Receivable,$265,800,],[$Sales Revenue,,$265,800,],[,,,],[,,,]]$

b$.$ Collections on account, $$220,000!$