Question: Problem 8-226 [LO 8-2, LO 8-4 Gelsel, Inc. reported net sales revenue of $528,000 in 2018 and $626,000 In 2019. The company's average net recevables

net recevables were $128,000 during 2017 and $129,000 during 2018. At December

Problem 8-226 [LO 8-2, LO 8-4 Gelsel, Inc. reported net sales revenue of $528,000 in 2018 and $626,000 In 2019. The company's average net recevables were $128,000 during 2017 and $129,000 during 2018. At December 31, 2019, the company had Accounts Recetvable of $154,000 and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,800. The company reported Bad Debt Expense of $8.910 during 2018 Required: a. Determine the net receivables at December 31, 2019. b. Calculate the receivables turnover ratio for 2018 and 2019 c. Calculate the days to collect for 2018 and 2019 Complete this question by entering your answers in the tabs below. Required C Required B Required A Determine the net receivables at December 31, 2019 146,890 Net receivables Required B Ned 5 of 5

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