Seahawks Touchdowns, Inc. reported the following on its December 31, 2019 balance sheet (000s omitted):

Accounts Receivable, net of allowance for doubtful accounts of $462 $1,788

The company makes its adjusting entry for bad debts at the end of the year. During 2020, cash collections were $3,432. In addition, $368 in accounts receivable were written off and $3 was collected from an account written off in 2018. An aging of accounts receivable reveals the following:

Age Group	Amount	Estimated % Uncollectible
current	880	5%
31-60	550	14%
61-90	440	50%
91-120	220	75%
121+	110	90%
	2,200

Show your work and highlight your answer. T-accounts are included above if needed.

A. What were credit sales during 2020? _________________________

The next two questions are independent of each other.

B. If the company records bad debts based on the aging analysis, what is the 12/31/20 adjusting entry? NRV of A/R? Show your work and highlight your answers.

Adjusting Journal Entry:

Net Realizable Value of Accounts Receivable 12/31/20: _________________________

C. If the company records bad debts as 12.0% of credit sales, what is the 12/31/20 adjusting entry? NRV of A/R? Show your work and highlight your answers.

Adjusting Journal Entry:

Net Realizable Value of Accounts Receivable 12/31/20: _________________________