please help answer all parts

a.

b.

c.

d.

The following data are for Rocky Company. (a) Compute Rocky's accounts receivable turnover. (b) If its competitor, Dixon, has an accounts receivable turnover of 9 , which company appears to be doing a better job of managin receivables? Complete this question by entering your answers in the tabs below. Compute Rocky's accounts receivable turnover. At year-end December 31, Chan Company estimates its bad debts as 0.20% of its annual credit sales of $700,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $350 account of P. Park is uncollectible and writes it off as a bad debt. On June 5 . Park unexpectedly pays the amount previously written off. Exercise 7-10 (Algo) Percent of sales method; write-off LO P3 Prepare Chan's journal entries to record the transactions of December 31 , February 1, and June 5 . Exercise 7-13 (Algo) Percent of accounts receivable method LO P3 Mazie Supply Company uses the percent of accounts recelvable method. On December 31 , it has outstanding accounts receivable of $103,500, and it estimates that 2% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,760 credit balance before the adjustment. (b) a $518 debit balance before the adjustment. Journal entry worksheet 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $1,760 credit balance before the adjustment. Journal entry worksheet Prepare the year-end adjusting entry to record bad dts expense under the assumption that the Allowance for Doubtful Accounts has a $518 debit balance before the adjustment. Note: Enter debits before credits. The following data are for Rocky Company. (a) Compute Rocky's accounts receivable turnover. (b) If its competitor, Dixon, has an accounts receivable turnover of 9 , which company appears to be doing a better job of managin receivables? Complete this question by entering your answers in the tabs below. Compute Rocky's accounts receivable turnover. At year-end December 31, Chan Company estimates its bad debts as 0.20% of its annual credit sales of $700,000. Chan records its bad debts expense for that estimate. On the following February 1, Chan decides that the $350 account of P. Park is uncollectible and writes it off as a bad debt. On June 5 . Park unexpectedly pays the amount previously written off. Exercise 7-10 (Algo) Percent of sales method; write-off LO P3 Prepare Chan's journal entries to record the transactions of December 31 , February 1, and June 5 . Exercise 7-13 (Algo) Percent of accounts receivable method LO P3 Mazie Supply Company uses the percent of accounts recelvable method. On December 31 , it has outstanding accounts receivable of $103,500, and it estimates that 2% will be uncollectible. Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has: (a) a $1,760 credit balance before the adjustment. (b) a $518 debit balance before the adjustment. Journal entry worksheet 2 Prepare the year-end adjusting entry to record bad debts expense under the assumption that the Allowance for Doubtful Accounts has a $1,760 credit balance before the adjustment. Journal entry worksheet Prepare the year-end adjusting entry to record bad dts expense under the assumption that the Allowance for Doubtful Accounts has a $518 debit balance before the adjustment. Note: Enter debits before credits