Required information [The following information applies to the questions displayed below.] Web Wizard, Inc., has provided information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter. During January, the company provided services for $43,000 on credit. On January 31, the company estimated bad debts using 2 percent of credit sales. On February 4, the company collected $21,500 of accounts receivable. On February 15, the company wrote off a $100 account receivable. During February, the company provided services for $33,000 on credit. On February 28, the company estimated bad debts using 2 percent of credit sales. On March 1, the company loaned $3,000 to an employee, who signed a 6% note, due in 6 months. On March 15, the company collected $100 on the account written off one month earlier. On March 31, the company accrued interest earned on the note. On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,230. Number of Days Unpaid Customer Total 030 3160 6190 Over 90 Alabama Tourism $ 200 $ 100 $ 80 $ 20 Bayside Bungalows 430 $ 430 Others (not shown to save space) 17,600 7,100 8,700 1,000 800 Xciting Xcursions 400 400 Total Accounts Receivable $ 18,630 $ 7,600 $ 8,780 $ 1,020 $ 1,230 Estimated Uncollectible (%) 3 % 15 % 20 % 30 % Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a classified balance sheet at the end of the quarter on March 31. (Do not round intermediate calculations.)

Partial Balance Sheet At March 31

AssetsCurrent Assets:

Accounts Receivable

Allowance for Doubtful Accounts

Accounts Receivable, Net of Allowance

Notes Receivable (long-term)

Interest Receivable