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Please help show me if/why these answers are correct. 2. At the beginning of the current period, Emler Corp. had balances in Accounts Receivable of

Please help show me if/why these answers are correct.

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2. At the beginning of the current period, Emler Corp. had balances in Accounts Receivable of $200,000 and in Allowance for Doubtful Accounts of $9,000 (credit). During the period, it had net credit sales of $650,090 and collections of $590,000. Uncollectible accounts are estimated to total $20,000 at the end of the period. a. Prepare the entries to record sales during the period. (1 point) Accts Reievable: 650k Sales Revenue . .... 56 50, 000 b. Prepare the entries to record collections during the period. (1 point) Cash . 590k Accts Receivable ..... 35 90, 000 c. Prepare the entry to record bad debts expense for the period. (1 point) Bad Debts Expense : 11,000 Allowance for Doubtful Accts . .... $11, 090

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