Question: Kimmel, Accounting, 6e Help I PRIN TEAe VERSION. BACK NEXT T RESOURCES Exercise 8-3 At the beginning of the current period, Kingbird, Inc. had Accounts

 Kimmel, Accounting, 6e Help I PRIN TEAe VERSION. BACK NEXT T
RESOURCES Exercise 8-3 At the beginning of the current period, Kingbird, Inc.

Kimmel, Accounting, 6e Help I PRIN TEAe VERSION. BACK NEXT T RESOURCES Exercise 8-3 At the beginning of the current period, Kingbird, Inc. had Accounts of $9,080 (credit). During the period, it had net credit sales of $ accounts receivable of $7,106. However, a $3,300 current period. Uncoll balances in Accounts Receivable of $200,900 and in Allowance for Doubtful l 787,700 and collections of $755,550. It wrote off as uncollectible account previously written off as uncollectible was recovered before the end of the lectible accounts are estimated to total $23,450 at the end of the period. (Omit cost of goods sold entries.) 8-14(Part SubmissiD) xercise s-10 your answer is correct. (a) Prepare the entries to record sales and collections during the period. (c) Prepare the entries to record the recovery of the uncollectible account during the period coce Results Jby.stdy (b) Prepare the entry to record the write-off of uncollectible accounts during the period (d) Prepare the entry to record bad debt expense for the period. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation (a) Accounts Receivable Debit Credit 787700 Sales Revenue 787,700 (To record sales) ype here to DELL

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