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What are the entries to record sales and collections during the period? Assume the following information for Marin Corp. Accounts receivable (beginning balance) $162,000 Allowance

What are the entries to record sales and collections during the period?

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Assume the following information for Marin Corp. Accounts receivable (beginning balance) $162,000 Allowance for doubtful accounts (beginning balance) 11,410 Net credit sales 934,000 Collections 911,000 Write-offs of accounts receivable 6,300 Collections of accounts previously written off 1,600 Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable

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