Question 2 of 6 > 0.67 / 2 111 View Policies Show Attempt History Current Attempt in Progress Assume the following information for Tamarisk Corp. Accounts receivable (beginning balance) Allowance for doubtful accounts (beginning tatance) Net credit sales $151,000 11.500 950.000 907.000 Collections Write-offs of accounts receivable Collections of accounts previously written off 5,600 1.600 Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. Chapter 8 WileyPLUS Homework Assignment. Due by 11:59 pm. on Sunday, March 27, 2022 Question 2 of 6 0.67/2 II! (a) Your answer is correct Prepare the entries to record sales and collections during the period. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Accounts Receivable 950000 Sales Reven 950000 (To record sales on account) Can 907000 Accounts Receivable 907000 (To record collection of accounts receivable) Textbook and Media Question 2 of 6 0.67/2 E Attempts: 1 of 12 used (6) Your answer is correct Prepare the entry to record the write-off of uncollectible accounts during the period. (Credit account eitles are automatically Indiented when the amount is entered. Do not Indent manually) Account Titles and Explanation Debit Credit Allowance for Doubthal Accounts 5600 Accounts Receivable 5600 e Textbook and Media List of Accounts Attempts: 2 of 12 used Question 2 of 6 0.67/2 E III c Prepare the entries to record the recovery of the uncollectible account during the period. (Credit account titles are automatically Indented when the amount is entered. Do not Indent manually) Account Titles and Explanation Debit Credit (To reverse write-off of accounts receivable) (To record collection of accounts receivable) e Textbook and Media List of Accounts