Prepare the summary journal entries for Sandhill Company. Ignore any inventory and cost of goods sold...

 

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Prepare the summary journal entries for Sandhill Company. Ignore any inventory and cost of goods sold entries for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles Accounts Receivable Sales (To record sales on account for the year.) Allowance for Doubtful Accounts Accounts Receivable (To record write off of accounts receivable.) Bad Debt Expense Allowance for Doubtful Accounts (To record estimate of uncollectible accounts.) eTextbook and Media List of Accounts (c) What is the amount of cash collected? Cash collected $ Debit 47000 3072 2669 Credit 47000 3072 2669 Attempts: 2 of 2 used Prepare the summary journal entries for Sandhill Company. Ignore any inventory and cost of goods sold entries for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles Accounts Receivable Sales (To record sales on account for the year.) Allowance for Doubtful Accounts Accounts Receivable (To record write off of accounts receivable.) Bad Debt Expense Allowance for Doubtful Accounts (To record estimate of uncollectible accounts.) eTextbook and Media List of Accounts (c) What is the amount of cash collected? Cash collected $ Debit 47000 3072 2669 Credit 47000 3072 2669 Attempts: 2 of 2 used