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Problem 8-1A A December 31, 2018. Pina Colada Corp. reported the following information on its balance sheet Accounts receivable $952.000 Les Allowance for doubtful accounts

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Problem 8-1A A December 31, 2018. Pina Colada Corp. reported the following information on its balance sheet Accounts receivable $952.000 Les Allowance for doubtful accounts 84,000 During 2019, the company had the following transactions related to receivables 1. Se on tot 53.560.580 2. Sales returns and allowances 51.000 3. Collections of accounts receivable 2.501.000 4. write-offs of accounts receivable deemed uncollectible 87,000 5. Recovery of bad debts previously written off as uncollectible 28.000 Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receiva HAT Explana pino) buse Home US high hool. Sinet Keep T w e eted Ch e e Weygandt, Financial Accounting, 10e Belo S em Announcements (To reverse account previously written aft) (to record the collection of accounts receivable) Enter the January 1, 2019 balances in Accounts Receivable and Allowance for D A G counts use and demine the balans here to search 0 R e MAG! SHOW LISTU MUURIS Enter the January 1, 2019, balances in Accounts Receivable and Allowance for Doubtful Accounts, post the entries to the two accounts (use Taccounts), and determine the balan Acounts Receivable Allowance for Doubtful Accounts Prepare the journal entry to record bad debt expense for 2019, suming that naging of accounts receivable indicates that expected bad debts are $272.30. (Credit account bites are a ME T E plantation - Debit Credit Compute the accounts receivable turnover for 2016 assuming the expected bad debt information provided into ondan t e Accounts receivatie turnover ratio de places ) Click if you would keto Show Work for this questio n show

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