Question 3 View Policies Current Attempt in Progress On January 1, 2022, Wildhorse Co. had Accounts Receivable of $56,700 and Allowance for Doubtful Accounts of $3,800 Wildhorse Co. prepares financial statements annually. During the year, the following selected transactions occurred: Jan. 5 Sold $3,200 of merchandise to Rian Company, terms 1/30, Feb. 2 Accepted a $3,200, 4-month, 9% promissory note from Rian Company for balance due. Sold $13,200 of merchandise to Cato Company and accepted Cato's $13,200, 2-month, 11% note for the balang 12 due. 26 Sold $5,300 of merchandise to Malcolm Co., terms 1/10, Apr. 5 Accepted a $5,300, 3-month, 8% note from Malcolm Co. for balance due. 12 Collected Cato Company note in full. June 2 Collected Rian Company note in full. 15 Sold $2,100 of merchandise to Gerri Inc. and accepted a $2,100, 6-month, 12% note for the amount due. Journalize the transactions. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount entered. Do not indent manually. Record journal entries in the order presented in the problem.) Credit Suppose the amounts presented here are basic financial information (in millions) from the 2022 annual reports of Nike and Adidas. Nike Adidas Sales revenue $18,577.0 $10,738.0 84.0 116.0 Allowance for doubtful accounts, beginning Allowance for doubtful accounts, ending 119.0 119.0 Accounts receivable balance (gross), beginning 2,899.0 1,871.0 Accounts receivable balance (gross), ending 3,020.0 1,668.0 (an) Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.) Nike Adidas times times Accounts receivable turnover Show A