Current Attempt in Progress At the beginning of the current period, Kingbird, Inc had balances in Accounts Receivable of $240,000 and in Allowance for Doubtful Accounts of $10,800. During the period, it had net credit sales of $960,000 and collections of $915,600. It wrote off as uncollectible accounts receivable of $8,760. Uncollectible accounts are estimated to total $30,000 at the end of the period. (Omit recording cost of goods sold.) la-c) 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. (6) Record the write-off of uncollectible accounts during the period, Record bad debt expense for the period Active (Enter negative amounts using either a negative styr preceding the number ese -45 or parentheses e... (451) 0 here to search SONY 151 WEB NAIO Question 1 of 7 > ./6 Assets Liabilit Allow. For Cash Accts. Rec Doubtful Acces Bee B. 5 tal Textbook and Media Type SONY FO FIO 711 F12 FB F7 F4 FS Spa F2 F3 1 F6 0 P A - NT $ 4E & V 7 Y % 50 @ * 2r 3r 3 8 9 61 V Q W R U Y E T -Y 5 LP 3 3 lor B L J . G S D LL 1 5 LE . 3 A mi 7