PLEASE PROVIDE EXPLANATION FOR THE ABOVE QUESTIONS.

At the beginning of the current period, Sheffield Corp. had balances in Accounts Receivable of $224,000 and in Allowance for Doubtful Accounts of $10,080. During the period, it had net credit sales of $896,000 and collections of $854,560. It wrote off as uncollectible accounts receivable of $8,176. Uncollectible accounts are estimated to total $28,000 at the end of the period. (Omit recording cost of goods sold.) Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Ending balance in Accounts Receivable $ Ending balance in Allowance for Doubtful Accounts $ At the beginning of the current period, Waterway Industries had balances in Accounts Receivable of $232,000 and in Allowance for Doubtful Accounts of $10,440. During the period, it had net credit sales of $928,000 and collections of $885,080. It wrote off as uncollectible accounts receivable of $8,468. Uncollectible accounts are estimated to total $29,000 at the end of the period. (Omit recording cost of goods sold.) Ending balance in Accounts Receivable $ Ending balance in Allowance for Doubtful Accounts $