Current Attempt in Progress At the beginning of the current period, Tamarisk, Inc. had balances in Accounts Receivable of $220,000 and in Allowance for Doubtful Accounts of $9,900. During the period, it had net credit sales of $880,000 and collections of $839,300. It wrote off as uncollectible accounts receivable of $8,030. Uncollectible accounts are estimated to total $27,500 at the end of the period. (Omit recording cost of goods sold.) (a-c) Your Answer Correct Answer (Used) Enter the beginning balances for Accounts Receivable and Allowance for Doubtful Accounts in a tabular summary. Use the summary to record transactions (a), (b), and (c) below. (a) Record sales and collections during the period. (b) Record the write-off of uncollectible accounts during the period. (c) Record bad debt expense for the period. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es. (451) Assets Liabili Allow. For Cash Accts. Rec. Doubtful Accts Beg. Bal $ o $ 220,000 -9.900 (a) 0 880,000 0 839,300 -839,300 (b) 0 -8.030 8.030 (c) 0 -25.630 Determine the ending balances in Accounts Receivable and Allowance for Doubtful Accounts. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (451) Ending balance in Accounts Receivable 252670 Ending balance in Allowance for Doubtful Accounts -27500 eTextbook and Media Attempts: 1 of 3 used (e) What is the net realizable value of the receivables at the end of the period? The net realizable value of the receivables at the end of the period $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit