Question: Current Attempt in Progress At the beginning of the current period, Wildhorse Co . had balances in Accounts Receivable of 2 0 3 , 0
Current Attempt in Progress
At the beginning of the current period, Wildhorse Co had balances in Accounts Receivable of and in Allowance for Doubtful Accounts of $credit During the period, it had net credit sales of $ and collections of $ It wrote off as uncollectible accounts receivable of $ However, a $ account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $ at the end of the period. Omit cost of goods sold entries.
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a Prepare the entries to record sales and collections during the period.
b Prepare the entry to record the writeoff of uncollectible accounts during the period.
c Prepare the entries to record the recovery of the uncollectible account during the period.
d Prepare the entry to record bad debt expense for the period.
e determine the ending balances in account receivable and allowance for doubtful accounts
fwhat is the carrying amount of the receivables at the end of the period
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