please give explanation of how this is done. I can not get the date right for anything. What is it. I have no idea. Chapter 6 Intermediate Accounting. Thank you in advanced.

Calculate and explain these answers. The example in the book is not clear to me.

Ghee OL Gradona LEHENEN BE14 FULL BOOST Acci OOTY About 1900 D ( Calce are and 2. Hvered by Big DYO Mwen Crack F GIRL SWIM ACBOTTLE WCY To 1 10 941 > Od we Assignment/take AssignmentMain.dolinvoket&takeAssignmentSessionLocator=&inprogress-false eBook Calculator Print item Accounts Receivable Allowance for Doubtful Accounts $78,000 1,300 (credit) During 2019, sales on credit amounted to $588,000 $550,400 was collected on outstanding receivables and $3200 of receivables were written off as uncotedible On December 2009 receivable balance. Required: 1. Prepare the fouma entry necessary to record Shelton's estimate of bad debit expense for 2019 2. Prepare the Accounts Receivable section of Shelton's December 31, 2019, balance sheet 3. Compute Shelton's receivables turnover 4 ISheldon uses IFRS, what might be the heading for the accounts receivable section in Requirement 2 General Journal 1 Prepare the journal entry necessary to record Shelton's estimate of bad debt expense on December 31 General Journal instructions How does grading work? PAGE 1 Score: 21/25 GENERAL JOURNAL CREDIT POST REF ACCOUNT TITLE DEBIY 112.400.00 DATE Dec 31 Bad Debt Expense 1 112.400.00 Allowance for Doubtful Accounts 2 eck My Work All work saved eBook Calculator u Print item NIEUWS LITUIT WOUTSIIVIDIU WPs wat op Next, determine the amount of the existing balance (prior to adjustments in the allowance account. This is the beginning balance less and de bit or credit the account according to what is needed based on your calculation Balance Sheet 2. Prepare the Accounts Receivable section of Sheltons December 31, 2019, balance sheet Balance Sheet Instruction SHELTON'S CORPORATION Score: 4/11 Partial Balance Sheet December 31, 2019 1 Accounts Receivable $112.400.00 2 Allowance for Doubtful Accounts 3 Net Accounts Receivable Points 1.0973 Feedbac Checy Work Allowance for Doubtful Account is offset against Accounts Receivable in the current assets section of the company's balance sheet Check My Work Ghee OL Gradona LEHENEN BE14 FULL BOOST Acci OOTY About 1900 D ( Calce are and 2. Hvered by Big DYO Mwen Crack F GIRL SWIM ACBOTTLE WCY To 1 10 941 > Od we Assignment/take AssignmentMain.dolinvoket&takeAssignmentSessionLocator=&inprogress-false eBook Calculator Print item Accounts Receivable Allowance for Doubtful Accounts $78,000 1,300 (credit) During 2019, sales on credit amounted to $588,000 $550,400 was collected on outstanding receivables and $3200 of receivables were written off as uncotedible On December 2009 receivable balance. Required: 1. Prepare the fouma entry necessary to record Shelton's estimate of bad debit expense for 2019 2. Prepare the Accounts Receivable section of Shelton's December 31, 2019, balance sheet 3. Compute Shelton's receivables turnover 4 ISheldon uses IFRS, what might be the heading for the accounts receivable section in Requirement 2 General Journal 1 Prepare the journal entry necessary to record Shelton's estimate of bad debt expense on December 31 General Journal instructions How does grading work? PAGE 1 Score: 21/25 GENERAL JOURNAL CREDIT POST REF ACCOUNT TITLE DEBIY 112.400.00 DATE Dec 31 Bad Debt Expense 1 112.400.00 Allowance for Doubtful Accounts 2 eck My Work All work saved eBook Calculator u Print item NIEUWS LITUIT WOUTSIIVIDIU WPs wat op Next, determine the amount of the existing balance (prior to adjustments in the allowance account. This is the beginning balance less and de bit or credit the account according to what is needed based on your calculation Balance Sheet 2. Prepare the Accounts Receivable section of Sheltons December 31, 2019, balance sheet Balance Sheet Instruction SHELTON'S CORPORATION Score: 4/11 Partial Balance Sheet December 31, 2019 1 Accounts Receivable $112.400.00 2 Allowance for Doubtful Accounts 3 Net Accounts Receivable Points 1.0973 Feedbac Checy Work Allowance for Doubtful Account is offset against Accounts Receivable in the current assets section of the company's balance sheet Check My Work