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Question The December 31, 2021, balance sheet of the Whispering Winds Corp, had Accounts Receivable of $700,000 and a credit balance in Allowance for Doubtful
Question The December 31, 2021, balance sheet of the Whispering Winds Corp, had Accounts Receivable of $700,000 and a credit balance in Allowance for Doubtful Accounts of 3.000 During 2022, the following transactions occurred: sales on account $1,600,000; sales returns and allowances, $181,000; collections front customers, 11.107.000 off, $35,000, previously written off accounts of $8,000 were collected loumalize the 2022 transactions. (Credit account titles are automatically indented when the amount is eternid. Do natindent manually) Account Titles and Explanation Debit Credit [Ta record de To record creats to customen) to record collection ofrecies) CALCULATOR FULL (To write off specific accounts) (To reverse write-off of account) (To record collection of account) ut the company uses the percentage of receivables basis to estimate bad debt expense and determines that uncollectible accounts are expected to be of accounts receive what is the adjusting entry at December 31, 2022? (Credit account titles are automatically indented when the amount is entered. Do not indent mi) Date Account Titles and Explanation Debit Credit Dec 31 Question The December 31, 2021, balance sheet of the Whispering Windhi Corp. had Accounts Receivable of $700,000 and a credit balance in Allowance for Doubt Accounts of $4,000. During 2022, the following transactions curred: sales on account $1,608,000, sales return and lowance, 181,000; collections from customers, 11,307,000; account written oll, 535,000 previously written off accounts of 10,000 were collected Journalin the 2022 transactions. (Credit account titles are automatically indented when the
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