DE8-7 Use the solution to Daily Exercise 8-6 to answer these questions about SBC Communications.1.

Start with Accounts Receivable's beginning balance ($90.000), and then post to the Accounts Receivable T-account. How much do SBC's customers owe the company at December 31, 20X4?

2.

Start with the Allowance account's beginning balance ($12,000), and then post to the Allowance for Uncollectible Accounts T-account. How much of the receivables at December 31, 20X4. does SBC expect not to collect?

3.

At December 31, 20X4, how much cash does SBC expect to collect on its accounts receivable?