Question: answer these 3 questions please Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $490,000; Allowance for

answer these 3 questions please
answer these 3 questions please Analysis of Receivables Method At the end
of the current year, Accounts Receivable has a balance of $490,000; Allowance
for Doubtful Accounts has a debit balance of $4,500; and sales for

Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $490,000; Allowance for Doubtful Accounts has a debit balance of $4,500; and sales for the year total $2,210,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $15,800. a. Determine the amount of the adjusting entry for uncollectible accounts. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense, Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense c. Determine the net realizable value of accounts receivable. Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 2018 Sales $8,645,000 $7,187,500 Accounts receivable: Beginning of year 660,000 590,000 End of year 640,000 660,000 a. Determine the accounts receivable turnover for 2049 and 2048. Round answers to one decimal place, 2048: 2019: b. Determine the days' sales in receivables for 2049 and 20Y8. Use 365 days and round all calculations to one decimal place. 2048: days 20Y9: days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 2018 to 20y9 favorable or unfavorable? Entries for Notes Receivable Valley Designs issued a 90-day, 12% note for $90,000, dated April 22, to Bork Furniture Company on account, Assume 360 days in a year when computing the interest. a. Determine the due date of the note. b. Determine the maturity value of the note. ci. Journalize the entry to record the receipt of the note by Bork Furniture. If an amount box does not require an entry, leave It blank.

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