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Test Test 2- Chapters 5, 6, 7 and 8 This Questione 10 pts 20 of 20 (8 completel v This rast 200 pts possible on
Test Test 2- Chapters 5, 6, 7 and 8 This Questione 10 pts 20 of 20 (8 completel v This rast 200 pts possible on November 30, Fower Party Planners had a s39wo00 belanoe inAecourts Reorivable and assesoared balanee in account were $164.000, and write-ofs of unoolectible receivables totaled s2B60, Unooleglble-accounts expense isessmated as of aedt sales. No sales returns are expected. 2% Joumalae sales, ooleotions, write-offs of unooledeles, and unoolecible account expense by the alowano method December. Explanations are not equired. Show the ending balemoes in Accounts Receivable. Alowance for Unoolectible Acoounts, and Nor Aocounts Reorivable at Dooember 31. How much does Flower expect to collect? 3 Show how Flower Party Planners vil report acoourts reorivable and net sales on December balance sheet and income statement for the month ended December 31. Requirement 1. Joumaline sales, collections, write ons of uncollectibles and unooleotibio-account expense by the alowanoe method during December. Explanators are not moied Record debi fint, then aedts Exlude eplanetons om any ioumal entries.) Begin by recording the jourmal entry for December sales. Journal Entry (b) Next jourmalize the collections on account Debit credit in the input fields and then continue to the next question Choose from any list or enter any number MacBook Air
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