Question 1 of 4 -/25 View Polls Current Attempt in Progress At the beginning of the current period. Nash Ltd. had balances in Accounts Receivable of 200.000 and in Allowance for Doubtful Accounts of 8,000 credit). During the period. It had net credit sales of 800,000 and collections of 760.000. It wrote off as uncollectible accounts receivable of 6.000. However, a 3.000 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total 24.000 at the end of the period. Omit cost of goods sold entries. (a2 (b) Prepare the entries to record sales and collections during the period. Prepare the entry to record the write-off of uncollectible accounts during the period. Prepare the entries to record the recovery of the uncollectible account during the period Prepare the entry to record bad debt expense for the period. (c) (d) (Credit account titles are automatically indented when amount is entered. Do not indent manually) w No. Account Titles and Explanation Debit Credit (a) (To record sales) To record cash collected during the period) (b) ement PlayerUIX y.com/was/ui/v2/assessment plages/index.html?taunchid932e8-745d-4716-8386 50e0746bc734/questiorvo Question of 4 1/25 In (6) id To reinstate account previously written off) (To record the recovery of the uncollectible account during the period d) I e Textbook and Media List of Accounts Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Endinn lane Inaunts Receivable E Question 1 of 4 > - 125 III Textbook and Media List of Accounts Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts E e Textbook and Media List of Accounts What is the net realizable value of the receivables at the end of the period? The net realizable value of the receivables at the end of the period e Textbook and Media List of Accounts Attempts:0 of 3 used Submit Antwer Save for Later 21A Question 1 of 4 -/25 View Polls Current Attempt in Progress At the beginning of the current period. Nash Ltd. had balances in Accounts Receivable of 200.000 and in Allowance for Doubtful Accounts of 8,000 credit). During the period. It had net credit sales of 800,000 and collections of 760.000. It wrote off as uncollectible accounts receivable of 6.000. However, a 3.000 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total 24.000 at the end of the period. Omit cost of goods sold entries. (a2 (b) Prepare the entries to record sales and collections during the period. Prepare the entry to record the write-off of uncollectible accounts during the period. Prepare the entries to record the recovery of the uncollectible account during the period Prepare the entry to record bad debt expense for the period. (c) (d) (Credit account titles are automatically indented when amount is entered. Do not indent manually) w No. Account Titles and Explanation Debit Credit (a) (To record sales) To record cash collected during the period) (b) ement PlayerUIX y.com/was/ui/v2/assessment plages/index.html?taunchid932e8-745d-4716-8386 50e0746bc734/questiorvo Question of 4 1/25 In (6) id To reinstate account previously written off) (To record the recovery of the uncollectible account during the period d) I e Textbook and Media List of Accounts Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Endinn lane Inaunts Receivable E Question 1 of 4 > - 125 III Textbook and Media List of Accounts Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts Ending balance in Accounts Receivable Ending balance in Allowance for Doubtful Accounts E e Textbook and Media List of Accounts What is the net realizable value of the receivables at the end of the period? The net realizable value of the receivables at the end of the period e Textbook and Media List of Accounts Attempts:0 of 3 used Submit Antwer Save for Later 21A
