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PLEASE SHOW YOUR WORK! Sunland Company reported the following information in its general ledger at December 31. All sales were on account. At the end

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PLEASE SHOW YOUR WORK!

Sunland Company reported the following information in its general ledger at December 31. All sales were on account. At the end of the year, uncollectible accounts were estimated to be 11% of accounts receivable. (a) Your answer is partially correct. Using your knowledge of receivables transactions, determine the missing amounts. Ignore any inventory, cost of goods sold, and refund liabilities for the purposes of this question. (Hint: You may find it helpful to reconstruct the journal entries.) Accounts Receivable 16,900 Beg. bal. 36,800 (a) 46100 (b) 600 End. bal. (c) 25600 Sale 46,100 Allowance for Doubtful Accounts Beg. bal. 600 (d) 1,051 2816 End. bal. (e) 3267 Bad Debt Expense (d) 2816 Attempts: 2 of 2 used (b) Prepare the summary journal entries for Sunland Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit (To record sales on account for the year.) (To record write off of accounts receivable.) (To record estimate of uncollectible accounts.) Save for Later Attempts: 0 of 2 used Submit

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