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the current year the 10 machines that ine previoasly ardered. to hpril : of the cerrent year. Addmonat information is as follows: - IceKreme sold

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the current year the 10 machines that ine previoasly ardered. to hpril : of the cerrent year. Addmonat information is as follows: - IceKreme sold alf machines at 520000 per unit. - All of leckreme's soles were on credit weth terms neo. - Icekreme's records included the folowing ifems and their balances as at March 3t of the current year Required: 1. Prepare the journul entries to record the transactions that occurred from Agni 1 to June 30 of the current year. (1) no entry is required for to transtetionievent, select "No journal entry required" in the first account field) deternine the acje of these recrivables) uncollectible rates for the various age groups are as follows: (Hint Use a timeline to keep track of accounts receivable in order to determine the age of these receivabies.) a. Determine the amount of receivables that may not be collectible in the future as on June 30 of the current year. b Prepare the joumal entry to record bad debt expense at June 30 of the current year, the company's fiscal year-end, if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 3 icekreme's pet accounts recewable were $80,000 at June 30 of the pror year Calculate icekremes average collection pertod for the curientiscal you (Use 365 days o year, found intermediate calculations to 2 dincimal places. Round the final answer to 1 decimol place) the current year the 10 machines that ine previoasly ardered. to hpril : of the cerrent year. Addmonat information is as follows: - IceKreme sold alf machines at 520000 per unit. - All of leckreme's soles were on credit weth terms neo. - Icekreme's records included the folowing ifems and their balances as at March 3t of the current year Required: 1. Prepare the journul entries to record the transactions that occurred from Agni 1 to June 30 of the current year. (1) no entry is required for to transtetionievent, select "No journal entry required" in the first account field) deternine the acje of these recrivables) uncollectible rates for the various age groups are as follows: (Hint Use a timeline to keep track of accounts receivable in order to determine the age of these receivabies.) a. Determine the amount of receivables that may not be collectible in the future as on June 30 of the current year. b Prepare the joumal entry to record bad debt expense at June 30 of the current year, the company's fiscal year-end, if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 3 icekreme's pet accounts recewable were $80,000 at June 30 of the pror year Calculate icekremes average collection pertod for the curientiscal you (Use 365 days o year, found intermediate calculations to 2 dincimal places. Round the final answer to 1 decimol place)

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