the ledger for air space company at the beginning of 2019 shows accounts receivable $400,000 and allowance for doubtful accounts$50,000. both accounts refect the normal balance. during the year, air soace compant reported creditsaled of $870,000 and collections of $800,000. Air spacr wrote off a total of $75,000 in uncollectible account receivablr but was later able to recover $50,000. uncollectible accountd receivablr are estimated to total $90,000 at the end of the period.

Question 1 The ledger for Air Space Company at the beginning of 2019 shows Accounts Receivable $400,000 and flowers to Douceur reported credit sales of $870,000 and collections of $800,000. Air Space wrote off a total of $75,000 in uncount total $90,000 at the end of the period. Instructions: (All answers should include a comma and a dollar sign) Determine the ending balance in Accounts Receivable $20.200.000 Determine the ending balance in Allowance for Doubtful Accounts 1 Determine the bad debt expense for the period Determine the net realizable value of the receivables at the end of the period Click Submit to complete this assessment