UMS AUD Repair, Inc, ended December 2017 with Accounts receivable of $20,000 and a credit balance of $2,500 in Allowance for uncollectible accounts. During January 2018, transactions (Click the icon to view the transactions.) Read the arments a. Sales of $225,000, which included $190,000 in credit sales and $35,000 of cash sales. Ignore cost of goods sold. b. Cash collections on account, $62,000. c. Write-offs of uncollectible receivables, $2,000. d. Bad debt expense, estimated as 4% of credit sales. a. Let's start by entering the journal entry for the sales of $225,000 which included $190,000 in credit sales and $35,000 of cash sales. Ignore cost of goods sold Date Journal Entry Accounts Debit Credit b. Next, record the collections on account, $62,000 Journal Entry Debit Credit Accounts Requirement 2. Cactate the ending balances in Accounts receivable. Allowance for uncollectible accounts, and net accounts receivable at January 31, 2018 How much does DM's Auto Repair expect 3 collect? Begin by calculating the ending balance in each account using the following Taccounts Accounts receivable Beg Ba 20,000 Allowance for uncollectible accounts Beg Bal 2.500 Time Remaining: 01 58.37 Next 02:25