Assume the following information for Metlock Corp.

Accounts receivable (beginning balance) $154,000

Allowance for doubtful accounts (beginning balance) 11,360

Net credit sales 936,000

Collections 917,000

Write-offs of account receivable 6,300

Collections of accounts previously written off 1,900

Uncollected accounts are expected to be 7% of the ending balance in accounts receivable.

Prepare the entries to record sales and collections during the period.

Account titles and explanation Debit Credit

1.

2.

(To record sales on account)

1.

2.

(To record collection of accounts receivable)