Homework Set Ch.8 Help Save & Exit Submit Check my work 12 115 points The annual report for Fabeck Finishing Corporation contained the following information in millions) 2021 2020 Accounts Receivable 1455 5455 Allowance for Doubtful Accounts 35 25 Accounts Receivable, Net 5420 500 Assume that accounts receivable write-offs amounted to S1 during 2021 and $9 during 2020 and that Fabeck Finishing did not record any recoveries Required: Complete the following table indicating the direction of the effect (+ for increase. - for decrease, and NE for no effect) of each transaction during 2021 w Motores Transaction Net Credit Sales Average Net Accounts Receivable Receivable Turnover Ratio Writing off uncollections Recording had debt expense