E$6-19($Algo$)$ Inferring Bad Debt Write$-$Offs and Cash Collections from Customers LO$6-2$

Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Macrosoft reported the following information about net sales revenue and accounts receivable $($amounts in millions$).$

According to its Form $10-$K$,$ Macrosoft recorded bad debt expense of $\backslash (\backslash$$ $118\backslash )$ and there were no bad debt recoveries during the current year.

Required:

$1.$ Using the following T$-$account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year?

$2.$ Using the following T$-$account for Accounts Receivable $($Gross$),$ solve for cash collected from customers for the current year, assuming that all of Macrosoft's sales during the period were on open account.

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Required $1$

Required $2$

Using the following T$-$account for Accounts Receivable $($Gross$),$ solve for cash collected from customers for the current year, assuming that all of Macrosoft's sales during the period were on open account. $($Enter your answers in millions not in dollars.$)$