Prepare the current assets section of the balance sheet for Skysong, Inc. Assume that in addition to the receivables it has cash of $94.700, inventory of $136,100, and prepaid insurance of $9.600. (List Current Assets in order of liquidity) Skysong, Inc. Balance Sheet (Partial) Current Assets 94700 Canh 646200 Accounts Receivable 38000 Less Allowance for Doubtful Accounts Inventory Prepaid insurance Total Current sets During its first year of operations, Skysong, Inc. had credit sales of $3,162.200,$646.200 remained uncollected at year-end. The credit manager estimates that $38,900 of these receivables will become uncollectible. Your answer is correct. Prepare the journal entry to record the estimated uncollectibles. (Credit account titles are automatically indented when amount is entered. Do not indent manually Debit Credit Account Titles and Explanation Bad Debt Expense Allowance for Doubtful Accounts