Question 5 The leder for Rainbow Company at the beginning of 2019 shows Accounts Receivable 567 500 und Awance for Detit Accounts 8750 Boccounts reflect the normal balance During the year Rainbow Company reported credit sale of 1.245.000 and collections of 1222750 Baliw w 518.750 in colectie corect but was there to recover $7500 Uncollectible accounts receivesimated to t1250 at the end of the period Instructions: (All answers should include a comanda dollar soni Determine the ending balance in Accounts Receivable Determine the ending balance in Allowance for Double Account Determine the had debit pense for the period Determine the naturale value of the receive at the end of the period